The state’s Productivity Commission has urged state and federal governments to stop spending so much money on public works to free up the construction industry.
Already a subscriber?State and federal governments should make it a priority to stop spending money on infrastructure to free up the construction industry to build more homes, according to a detailed analysis conducted by NSW’s key productivity adviser.
The NSW Productivity Commission says infrastructure projects in the state need an extra 96,000 construction workers.“NSW should immediately prioritise and sequence infrastructure spending according to what is essential to delivering homes quickly, especially in high-feasibility areas.” It estimates NSW will need about 30,000 more construction workers to build the number of homes in the national target. The public infrastructure pipeline demands an extra 96,000 construction workers, it said.“This is pricing home builders out of labour, as many workers are choosing to work in public infrastructure projects instead of residential development projects. These significant shortages are adding to the cost of building new homes,” the commission says.
A report published by the Greater Sydney Commission in 2019 criticised the government for not matching a “rapid rate of housing supply” across the city with infrastructure necessary to support it.
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