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“HIA members seeking to undertake commercial, multi-unit or government funded work have cited concerns over many years regarding intimidation by the CFMEU and the influence they have on building sites regarding workplace conditions and jobs.
“HIA had called on the governments to act in accordance with the seriousness and gravity of the situation and use the full extent of their legal powers to address these long standing issues.
“The passage of this legislation provides an important reset in creating cultural change in the industry and sending a clear message that the past conduct and behaviour of the CFMEU is not appropriate and has no place going forward.
“There must be zero tolerance for flouting the rule of law on or off construction sites and the appointment of an independent administrator to oversee the CFMEU’s operations is a good first step, but structural change and long term reform is needed to address these issues once and for all,” concluded Ms Martin.
HIA is aware that over the past week members have been receiving a range of advice from suppliers on cost increases to several building materials and other related construction equipment such as skips, plant and equipment hire.
The Housing Industry Association (HIA) has backed Brisbane City Council’s ‘More Homes, Sooner’ plan, warning that community opposition risks undermining much-needed housing supply and worsening affordability pressures across the city.
HIA is aware that industry is raising concerns about price increases to fuel and materials arising from the conflict in the Middle East. To assist members to account and respond to price increases we have prepared information on dealing with cost uncertainties and fluctuations under HIA contracts.
This opinion piece from HIA Chief Economist Tim Reardon responds to the Reserve Bank of Australia Financial Stability Review and discusses how the cumulative tightening of macroprudential settings has increasingly locked first home buyers out of the market.