Australia's housing minister has brushed off a $13 billion stimulus package request from the construction industry.
The Master Builders Association says the package will boost the economy and save jobs.
But Housing Minister Michael Sukkar says the government already has economic support in place, “(Of) which the construction industry is a massive beneficiary, particularly through JobKeeper and our support for apprentice wages. he told AAP.
“We are continually monitoring the effect that COVID-19 is having on the economy, and I am in constant contact with key stakeholders and the states and territories to ensure new homes can still be built and tradies stay in jobs.”
MBA chief Denita Wawn has pointed to economic modelling showing $13.2 billion in stimulus would result in $30.9 billion in gross domestic product while creating 105,500 construction jobs.
Ms Wawn said it would also lead to $17.6 billion in construction across housing, renovations and commercial construction.
“Building and construction is shaping up to be one of the industries worst hit in the long term by the COVID-19 economic crisis,” she said.
“We know from previous downturns that it takes four times longer for our industry to recover than the rest of the economy.”
Ms Dawn is concerned work for builders and tradies will dry up in 2021/22, pointing to the fact it’s starting to fade this year.
The industry group also wants a task force set up to fast-track construction work.