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AAP
AAP
Luke Costin

EXPLAINED: Plan to grasp 62b opportunity hiding in plain sight | Rare Historical Photos

A plan is being promoted to narrow a $62 billion productivity gap in construction. (Bianca De Marchi/AAP PHOTOS)

Taxpayers and commuters could be the big winners if a plan succeeds to narrow a $62 billion productivity gap that's opened over the past three decades.

Construction labour productivity has fallen 33 per cent below other industries in Australia since 1990, offering industry, unions and government a "massive opportunity" for reform, big constructors say.

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