Geelong Builders Want Pollies To Boost Building Industry And Economy

Geelong Builders Want Pollies With Policies To Boost Industry & Economy

Builders and tradies need the next Federal Government to implement policies that will underpin economic growth in the Geelong region, not undermine it.

“The local building industry is a vital engine of growth in the Geelong region and our politicians need to remember that and hear our industry’s concerns,” Denita Wawn said.

“In the electorates of Corangamite and Corio the industry contributes 10 percent of total employment. There are more than 2600 small building businesses in Corangamite and more than 1800 in Corio,” she said.

“We need the next Federal Government to back small business by giving them fair access to government funded building projects, cutting red and green tape, tax cuts and more funding to take on more apprentices so young people can pursue careers in their home community,” Denita Wawn said.

“The region is also home to many property investors who will impacted by Labor’s plan to double capital gains tax and impose restrictions on negative gearing. In Corangamite there are nearly 13,500 and in Corio there are nearly 10,000 families building their wealth with negatively geared property investments,” she said.

“With the industry gr the Reserve Bank sounding a warning about housing prices now is exactly the wrong time to put a handbrake on the housing market in the Geelong region,” Denita Wawn said.

“Taxpayer funded roads, schools, hospitals and other infrastructure in Geelong will cost up to the 30 per cent more if the Australian Building and Construction Commission (ABCC) is abolished by an incoming Federal Labor Government,” Denita Wawn said.

“Building and construction is vital to the Geelong and national economy. Master Builders is calling on Labor and the Coalition to provide a policy framework for a stronger building industry and a stronger economy,” Denita Wawn said.

/Public Release.