Strong Building Stronger Economy
Completing the economic recovery
It is imperative that the industry has clarity from the two major parties in how they plan to manage the completion of economic recovery.
That is why Master Builders Australia will:
Campaign to highlight what is important to the industry in this election and why it is important to the Australian community.
Assess party policies against our priorities, and communicate that assessment to our members and interested voters.
The major parties need to clearly articulate what their economic recovery plan is going to do for builders and tradies because a strong building industry will mean a
THE BUILDING & CONSTRUCTION INDUSTRY
consists of over 400,000 business entities, of which 98.5% are small businesses with fewer than 20 employees.
directly creates about 11% of the GDP, the second-largest sector within the economy.
employs almost 1.2 million people (around 1 in every 11 workers) performing over $210 billion worth of building and construction work each year.
accounts for 47.9% of the economy's trade apprentices. 100,655 of which are employed by the construction industry.
researched by EY, supported by NHFIC, shows that for every $1 million worth of building activity, a total of almost $3 million in activity is supported across the economy.
THE BUILDING & CONSTRUCTION INDUSTRY HAS A CENTRAL ROLE TO PLAY IN THE ECONOMIC RECOVERYBY LEVERAGING OUR 3 TIMES MULTIPLER EFFECT
"The community understands how important the industry is to economic recovery"
"Economy will suffer if the construction industry isn’t growing"
"The ripple effect of the industry affects everyone"
"We must protect the role of the construction industry in fuelling the economic recovery for every Australian"
"There's so many people involved with construction; we have to keep it going"
Quotes taken from focus group research conducted by Laidlaw Campaigns & Counsel, commissioned by Master Builders Australia.