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“HIA’s regular engagement with the Victorian government has enabled us to make several suggestions to address the current challenges facing the home building industry stemming from acute labour shortages and material cost increases that are creating delays in building work and causing cash flow difficulties,” added Mr Ryan.
“There is a need to reform the domestic building contract legislation to ensure that builders are paid more promptly for work that they have undertaken.
“Builders have faced significant ‘cash flow’ challenges over recent years, which are largely attributable to this legislation.
“Reform of this legislation will take time to implement and will not address the current challenges, or contracts already signed. Possible reform is positive news from the government at a time when industry needs confidence and certainty.
“Unnecessary red tape and delays in the planning process, along with out-of-date domestic building contract laws, have exacerbated the labour shortages and material cost increases. Victorians are disadvantaged by these out-of-date laws.
“Reform will reduce delays in supplying new homes and allow builders to enter into better contracts that balance price certainty and flexibility for consumers.
“We look forward to continuing to work with the government through this process,” concluded Mr Ryan.
The Fair Work Commission has reactivated the road transport fuel cost recovery order with changes to rate adjustment frequencies, the small business carve out, agreed levy/surcharges, sunset and review provisions, and with a future effective date.
It’s time to move forward with Lee Point development and deliver the homes, jobs and economic activity the Northern Territory needs.
HIA is deeply saddened to hear of the passing of Bert Dennis, founder of Dennis Family Corporation.
HIA today welcomed the Cook Labor Government announcement to invest up to $12.8 million in further measures to boost Western Australia’s brick supply and support small and medium-sized builders to deliver more homes across Western Australia.