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Queensland’s productivity wake-up call a golden opportunity


The Queensland Productivity Commission’s Interim Report into construction productivity might not make front-page headlines, but for those of us in the trenches of property development, homebuilding, and investment, it’s a potential game-changer.

Yes, the numbers are sobering. Productivity in our sector has dropped 9% since 2018.

That means we now need 9% more labour to produce the same output.

But here’s the kicker: had productivity held steady, Queensland could have delivered 77,000 additional dwellings.

That’s not just a missed opportunity, it’s a wake-up call.

For homebuilders, this report validates what many have been feeling: approvals are slow, regulations are layered, and costs are climbing. But it also offers hope.

The Commission’s reform agenda, spanning procurement, land use, building regulation, and labour market operation,  could streamline the entire development process. Imagine faster approvals, clearer building codes, and smarter sequencing of government projects.

For investors, the message is equally compelling.

The report highlights that the construction industry isn’t inherently unproductive, it has just been hamstrung by overlapping challenges.

With reforms in motion, we’re looking at a sector poised for resurgence.

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