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Push for asset sales, boom in construction

QUEENSLAND should consider selling public assets to stimulate private investment as part of a
suite of reforms to get the state’s economy back on track, peak industry bodies say.

Asset sales, stimulated private investment and fast-tracking the $25,000 HomeBuilder payment
have been touted as key measures to get the state working after COVID-19.

Infrastructure Association of Queensland chief executive Priscilla Radice said the State
Government should consider funding new projects through asset sales. She said asset sales had
“driven private investment” in NSW and Victoria.

National Retail Association chief executive Dominique Lamb said investment in residential
infrastructure would stimulate the retail sector.

Chamber of Commerce and Industry Queensland’s Amanda Rohan said: “The Government needs
to harness this as an opportunity to implement policies, action projects and develop industries
to enable businesses and our economy to rebuild.”

Master Builders Association Queensland chief executive Grant Galvin wants a fast track for the
$680m federal HomeBuilder scheme, which offers $25,000 to build a new home or renovate.
“There’s no stimulus until there’s slabs on the ground,” Mr Galvin said

Hayden Johnson & Daniel Knowles, Sunday Mail