Passage of the ABCC legislation is good news for the property industry

The passage of legislation to re-establish the Australian Building and Construction Commission is good news for the property industry.

“The Australian Building and Construction Commission is a proven economic reform”, said Ken Morrison, Chief Executive of the Property Council.

“The ABCC is the industrial cop on the beat that our industry needs.

“The passage of this legislation is good news for the industry, for the economy, and for the workers who have suffered from bullying and intimidation on construction sites.

“The ABCC will tackle lawlessness head-on.

“The Royal Commission told everyone what we already knew – that we have a major problem of union lawlessness in the construction sector. Two thirds of all industrial disputes are in the construction sector and disputes are at the highest levels in six years.

“The last time we had an ABCC, our members reported productivity improvements of between 10 to 20 per cent. We can expect productivity improvements again.

“The 2016 Double Dissolution was based on the need to return the ABCC and it is good to see that the people’s will has prevailed.

“We congratulate the Government and the crossbenchers on this achievement. The Government must move with all urgency to get the Commission established and underway.”

Media contact: Paul Ritchie  |  E: pritchie@propertycouncil.com.au