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“HIA shares the concerns raised by a number of Australian manufacturers about the escalating cost of energy and the impact it is having on Australia’s manufacturing base.
“Energy affordability and reliability remain among the most significant challenges facing Australian building product manufacturers and suppliers.
“The residential building industry depends on a strong and competitive local manufacturing base to supply essential products like steel, bricks, cement, timber and glass. When energy costs rise, those impacts are felt right across the housing supply chain, from manufacturers and builders to homebuyers.
“HIA’s recent submission to the Federal Treasury’s Economic Reform Roundtable called for urgent action to ensure energy security, reliability and affordability, alongside reducing the growing regulatory burden on local industry.
“Manufacturers need certainty and competitiveness to invest and grow. Current policy settings too often pull in conflicting directions that undermine affordability and reliability.
“We need a fuel-source neutral approach that supports all forms of energy supply, while maintaining a stable and affordable supply. Without this, Australia risks losing its manufacturing capability at a time when sovereign supply chains have never been more important.
Mr Croft said, “that a strong domestic manufacturing base is critical not only to Australia’s economic resilience but also to the delivery of the government’s housing targets.
“If we are serious about meeting the 1.2 million new homes target, we must ensure that the key materials needed to build those homes can be made here in Australia competitively, sustainably and reliably.
“HIA has called for the establishment of a Building Product Sector Transition Strategy to support manufacturers through the energy transition, as well as a coordinated federal approach to energy and regulatory reform.
“A ‘Future Made in Australia’ depends on keeping our factories running and our costs competitive. The time for coordinated, practical reform is now,” Mr Croft said.
The HIA has been advised that due to an increase of plumbing audit inspection failures, from the 1st of September, the Office of the Technical Regulator (OTR) will be further policing non-compliance in the installation of sanitary plumbing and drainage pipework, namely the bedding of sanitary drainage pipes.
The Housing Industry Association (HIA) has welcomed the establishment of the Senate Economics References Committee Inquiry into social housing, describing it as an important opportunity to identify the reforms needed to deliver more housing of all forms at scale and address the bottlenecks holding back housing supply broadly.
“Sales of new homes declined for a third consecutive month in July, falling by 3.7 per cent as higher interest rates and policy uncertainty continued to weigh on consumer confidence,” stated HIA Senior Economist, Tom Devitt.
HIA is proudly supporting National Skills Week this year by highlighting the construction industry’s many and diverse career opportunities.