This article, published on 16 May 2007, reports that the Federal Australian Labor Party has plans to abolish the Australian Building and Construction Commission, should it win the next election, however ALP spokesperson, Julia Gillard defended the proposal throughout the article. Gillard argues that although the ALP does plan to remove the ABCC, it will be replaced with another similar body that she argues will do the same job in a better way.
These assurances do not go far in appeasing builders and construction companies, who have begun to build in “risk of rudd” premiums to their large contracts that are due to start in 2008. This highlights their fear that construction costs will be increased under an ALP federal government where this proposal is implemented.
This article illustrates clearly just how volatile the construction industry is at times and how it is ultimately responsive to outside environmental factors such as political policies of the Government of the day.
http://www.industrysearch.com.au/News/Fed_Labor_wont_tolerate_anarchy_on_construction_sites-25929
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