CFMEU push threatens the future of affordable housing
The CFMEU’s unchecked expansion into residential construction threatens housing affordability and taxpayer funds, argues Senator Andrew Bragg.
After three years in which the Australian Dream has been smashed by a collapse in housing construction amid a population surge, there is more bad news.
On Saturday, the CFMEU announced it will expand in NSW. The NSW CFMEU boss, Michael Crosby, said the union was looking at large multiple complex residential construction.
Now, despite being in administration, the CFMEU has confirmed plans for a major push into residential housing developments.
The union has already imposed what amounts to a 30% apartment tax on residential buildings in Queensland and now intends to extend this nationwide. This threatens to kill off home ownership for millennials and Gen Z.