Luke speaks with Brian Seidler, Executive Director at Master Builders Association New South Wales, who have expressed disappointment in the budget’s lack of focus on boosting business productivity, a key tool in fighting inflation.

The building and construction sector has experienced declining productivity, and reducing unnecessary regulation is necessary for improvement.

Additionally, the industry requires half a million new workers by 2026, and more support is needed to attract, train, and retain workers.

While the budget includes some measures to support small and medium-sized businesses, more action is needed to increase housing supply and prevent prolonged periods of pain and depressed construction activity.

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