MEDIA STATEMENT: A Fresh Start for Queensland: Queensland Productivity Commission restored

A Fresh Start for Queensland: Queensland Productivity Commission restored 

• Queensland Productivity Commission Bill passes through Parliament, to cut unnecessary red tape and encourage innovation.
• The new Queensland Productivity Commission will immediately review the State’s building and construction industry.
• Queensland’s economic and industry development dependent on productivity. 

The Crisafulli Government has today passed the Queensland Productivity Commission 2024 Bill, in a key step to restore productivity, improve living standards and drive economic growth.  

The Productivity Commission will research solutions for pressing economic challenges facing Queensland and provide the Government with advice and recommendations to address those key issues. 

The Crisafulli Government has restored a Productivity Commission to Queensland after Labor left the State without a source of independent economic advice to alleviate cost of living pressures when they abolished the former Commission in 2021.

Shockingly, the Labor Party chose their CFMEU mates over a more productive State, voting against the establishment of the Productivity Commission. 

The first order of business will be to undertake a comprehensive review of Queensland’s construction sector in the wake of revelations Best Practice Industry Conditions were adding up to 25 percent to the cost of major projects.   

The Commission will also deliver Queensland’s first Intergenerational Equity Report, outlining the key issues Queenslanders face across generational lines, and the long-term policy solutions needed.  

Treasurer David Janetzki said an independent Productivity Commission was crucial to secure the State’s economic future. 

“The Crisafulli Government has delivered the Productivity Commission as promised, to drive down cost pressures and drive-up productivity as part of a fresh start for Queensland,” Treasurer Janetzki said.

“We need to cut unnecessary red tape to encourage creativity and innovation and build a highly skilled public service to deliver better and more services.