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{{propApi.successMessage}} {{region}} Change locationPrefab housing - another key to open affordability lock
Prefab housing - another key to open affordability lock
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Ms Martin was speaking at a government roundtable designed to consider the barriers and opportunities for prefab housing hosted by Minister Ed Husic in Melbourne yesterday.
Participants at the roundtable recognised that there were still a number of barriers preventing prefab and modular construction reaching its potential.
“Addressing gaps in the National Construction Code is critical, as is a clearer understanding of the chain of custody in the manufacturing and building process, financing and business models and insurance,” Ms Martin said.
“A better understanding of terminology is also needed. There are many options for construction from modular floor and wall panels through to fully completed homes.
“Often people see prefab and modular as being an inferior housing option, but there are a range of builders doing some beautiful work, producing amazing homes. In addition, the use of modular components has the potential to improve energy efficiency and apply innovative manufacturing techniques,” added Ms Martin.
Participants at the roundtable committed to investigate improvements to contractual terms and financing models and to address the shortcomings of the Code as quickly as possible.
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Home building materials prices still slower than CPI
“Home building materials have continued to experience only modest cost increases, up by 1.6 per cent in the 2024/25 financial year,” stated HIA Senior Economist, Maurice Tapang.
Productivity Commission backs HIA calls for major regulation overhaul
“Today’s interim report from the Productivity Commission overwhelmingly backs what HIA has long been saying - that the regulatory burden on businesses is getting worse in this country and there is need for a major overhaul on the approach to regulation,” said HIA Managing Director, Jocelyn Martin.
HIA welcomes key findings of interim Productivity Commission’s report
“The Housing Industry Association (HIA) welcomes the release of the Queensland Productivity Commission’s interim report into construction productivity It is a significant and necessary step toward overcoming the housing supply challenges facing Queensland,” said Michael Roberts, HIA Executive Director Queensland.
Building approvals pick up 2024/25
“New home building approvals in the 2024/25 financial year were up by 13.9 per cent compared to their 2023/24 trough,” stated HIA Senior Economist Tom Devitt.