Sydney: Massive job losses loom, taskforce says

SYDNEY could lose 87,000 jobs if a massive drop in building approvals recorded in the September quarter was sustained over a full year, developer lobby group Urban Taskforce said.

Chief executive Aaron Gadiel said an analysis of the figures showed the impact on jobs would be “startling”.

» Massive job losses loom, taskforce says – The Sydney Morning Herald, 16th November 2008