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The increasing cost of energy as a result of global events is already flowing through the economy, making it extremely difficult for builders currently operating under fixed price contracts.
Sweeping changes are also taking place in Victorian building regulations with the introduction of minimum financial requirements for builders, a first-resort home warranty insurance scheme and the NCC 2025 set to be adopted on 1 May 2026.
In the face of these headwinds, and despite strong underlying demand for housing, it remains to be seen whether the ambitious targets for new home building set by State and Federal Governments will be achieved.
At this Industry Outlook Breakfast, HIA Senior Economist Maurice Tapang will explore these issues and share insights from the latest HIA state and national Housing Outlook reports.
HIA Senior Economist
Crown Towers Melbourne
8 Whiteman St, Southbank VIC 3006
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