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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.
Small building businesses in regional Australia are warning that housing shortages will deepen unless governments address planning delays, workforce shortages and rising compliance costs, according to the HIA 2026 Small Business Conditions Survey,” HIA Chief Executive Industry & Policy, Simon Croft said today.
The Housing Industry Association (HIA) has welcomed the release of the new data showing a steady uptake of incentives under the Key Apprenticeship Program (KAP), which each represent a future skilled trade in the home building industry.
“Over the last 25 years, the price of the typical new residential lot of land has risen more than three times faster than construction costs,” stated HIA Chief Economist Tim Reardon.
Last week, the Victorian Department of Transport and Planning (DTP) released details of proposed minimum financial requirements (MFRs) for home builders that are scheduled to commence from 1 July 2026.