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“Advancements in building technology and innovation, mean that your average new house is no longer just a simple structure made of timber and bricks.”
“Modern new buildings are now complex structures that need to meet multiple goals of being highly energy efficient, structurally sound and provide a healthy indoor environment.”
“This emphasises the key role design and utilising scientific principles play in meeting these multiple objectives.”
“Equally the products that go into our homes, are constantly evolving and new and innovative products are coming into the market to provide builders and homeowners with more choice and solutions to meet ever-changing regulatory settings.”
“Science, engineering and technology are playing a key role in this, and it is great to see more investment and dedication given to research and development across the industry.”
“Science has contributed much to the building industry over many years and HIA is looking to the future with keen interest to discover how this will continue to evolve and bring with it new jobs and opportunities across the sector,” Mr Croft concluded.
Workplace laws are set for more changes in 2026.
Australia’s residential building industry has entered the new year with confidence still on shaky ground for small businesses as rising costs and policy uncertainty continue to cloud the outlook.
Tasmania’s housing market slowed in November, with building approvals falling sharply compared to October. Approvals for new homes dropped almost 20 per cent, and even after seasonal adjustment, the decline was 5.8 per cent.
Australia’s home building industry is expected to strengthen through 2026, supported by gradually improving building approvals and a recovery in demand, but the pace of growth will ultimately depend on how quickly interest rates can fall further, according to the Housing Industry Association.