Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
Queensland industry leaders to meet Hurford



Download PDFDownload PDF

HOUSING AND CONSTRUCTION

MINISTER FOR

MEDIA RELEASE . The Hon Chris HURFORD MP \ο/φι+

QUEENSLAND INDUSTRY LEADERS TO MEET HURFORD 1 6 /8 4

L e a d e r s o f Q u e e n s l a n d ' s h o u s i n g and c o n s t r u c t i o n i n d u s t r y w i l l

h o ld d i s c u s s i o n s w i t h F e d e r a l M i n i s t e r f o r Housing and

C o n s t r u c t i o n , C h r i s H u r f o r d , in B r i s b a n e tomorrow n i g h t a t

a d i n n e r o r g a n i s e d by t h e Q u e e n s la n d b ra n c h of t h e Com m ittee

f o r Economic Development o f A u s t r a l i a (CEDA).

" B r i s b a n e i s my f i r s t s t o p in a s e r i e s of t a l k s aro u n d

A u s t r a l i a b e f o r e t h e J u n e P r e m i e r s ' C o n f e r e n c e and J u l y Budget

d e l i b e r a t i o n s . " s a i d Mr H u r f o r d .

" Q u e e n s l a n d e r s know b e s t t h e i s s u e s t h a t a r e a f f e c t i n g

t h e i r S t a t e and I am a n x i o u s to h e a r t h e i r view s f i r s t - h a n d . "

Mr H u r f o r d is e x p e c t e d to c o v e r t h e s p e c t r u m of h o u s i n g and

c o n s t r u c t i o n i s s u e s a t t h e m e e t i n g .

These w i l l i n c l u d e t h e F e d e r a l G o v e r n m e n t 's r e a c t i o n t o t h e

M a r t i n R e p o r t .

Mr H u r f o r d has e a r l i e r s a i d t h a t d e r e g u l a t i o n of h o u s in g

i n t e r e s t r a t e s w i l l o n l y h ap p en when t h i s means a b e t t e r

d e a l f o r t h e lo w e r and m o d e r a te income g r o u p s G overnment

c o n t r o l s were meant to h e l p in t h e f i r s t p l a c e .

Parliament House, Canberra

2

Any d e r e g u l a t i o n w o u l d h a v e t o b e p a r t o f a n e f f e c t i v e

o v e r a l l p a c k a g e w h i c h m i g h t a l s o i n c l u d e t h e m o r e w i d e s p r e a d

a d o p t i o n o f f l e x i b l e l e n d i n g t e c h n i q u e s , t h e d e v e l o p m e n t o f

a s i g n i f i c a n t s e c o n d a r y m o r t g a g e m a r k e t a n d m e a s u r e s t o

p r o t e c t h o m e b u y e r s a g a i n s t s h a r p r i s e s i n i n t e r e s t r a t e s .

Mr H u r f o r d s a i d t h a t Q u e e n s l a n d , l i k e o t h e r A u s t r a l i a n

s t a t e s , h a d r e c e i v e d a t r e m e n d o u s " s h o t i n t h e a r m " f r o m

t h e F e d e r a l G o v e r n m e n t ' s m o v e s i n h o u s i n g a n d c o n s t r u c t i o n .

" T h e F i r s t Home O w n e r s Sc h e me a n d t h e G o v e r n m e n t ' s p r a g m a t i c

a p p r o a c h t o e c o n o m i c m a n a g e m e n t h a v e w o r k e d w o n d e r s i n t h i s

S t a t e . "

Mr H u r f o r d s a i d t h a t on c u r r e n t f o r e c a s t s , 1 9 8 3 / 8 4 w i l l s e e

a p p r o x i m a t e l y 3 0 , 5 0 0 new h o u s i n g c o m m e n c e m e n t s i n Q u e e n s l a n d

w h i c h i s 25% a b o v e 1 9 8 2 / 8 3 l e v e l s " .

" T h i s m e a n s n o t o n l y m o r e h o u s e s b u t a l s o m o r e j o b s f o r

Q u e e n s l a n d e r s , b e c a u s e o f t h e F e d e r a l G o v e r n m e n t s i n i t i a t i v e s .

E v e r y j o b c r e a t e d o n t h e c o n s t r u c t i o n s i t e m e a n s a n e x t r a

j o b i n a r e l a t e d i n d u s t r y . "

"As a r e s u l t o f o u r m o v e s , u n e m p l o y m e n t i n t h e h o u s i n g a n d

c o n s t r u c t i o n i n d u s t r y i n Q u e e n s l a n d h a s f a l l e n f r o m 17%

l a s t y e a r t o t h e c u r r e n t 1 1 %. "

Mr H u r f o r d s a i d h e l o o k e d f o r w a r d t o t h e CEDA c o n s u l t a t i o n s

a s a n i m p o r t a n t s t e p i n c o n t i n u i n g t o i m p r o v e o p p o r t u n i t i e s

f o r t h e h o u s i n g a n d c o n s t r u c t i o n i n d u s t r i e s i n Q u e e n s l a n d .

MEDIA CONTACT: B o n n i e M a t i j e v i c ( 0 6 2 ) 7 2 7 0 7 5

10 May 1984