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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.
“The RBA decision to keep interest rates in restrictive territory today will not stop the improvement in leading indicators of future home building,” stated HIA Senior Economist Tom Devitt.
In mid-June 2025, the NSW Premier released the Housing and Productivity Contribution (HPC) Works-in-Kind Guideline for public consultation.
Today the State Government announced proposed changes to the regulatory powers to investigate registered builders who may be unable to meet the financial requirements of registration. The announcement also included a long-awaited review of the Home Building Contracts Act 1991 (HBCA) and associated laws.
Housing Industry Association welcomes today’s announcement by the Cook Labor Government to review key aspects of the home building contracts legislation and provide the building regulator with additional powers to work with builders in distress.