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“The priority given to focusing on streamlining regulators that interact with businesses in the construction industry is long overdue given the numerous agencies and often overlapping responsibilities.
“Equally the move to substantially cut red tape to let Victorian businesses get on with running and operating their business, rather than continuing to look over their shoulder at more new regulations, is welcomed and something HIA has long been calling for.
“Over recent years there has been major building, safety, small business, energy and planning reforms introduced and have created significant regulatory burden and increased complexity on building homes and running of businesses. Out of date and ineffective home building contract laws are also a significant problem.
“Industry across the board and particularly small business, are struggling under the weight and the cumulative impacts of these reforms and out of date laws.
“This substantial increase in red, white and green tape are hampering the delivery of new homes and adding to cost of living pressures.
“The commitment to halve the number of business regulators is especially welcome. This is a major step towards streamlining systems and processes for builders and homeowners in getting homes approved and delivered faster.
“The announcement also recognises HIA’s call for renewed investment in workforce skills. The investment in a Future of Housing Construction Centre of Excellence will play an important role in training workers in modern construction technologies, such as prefabricated and modular construction.
“If implemented carefully, the changes announced today have the potential to equip Victorian home builders with the skills they need and the processes they want when they interact with their regulators.
“Doing so will free up time, money and resources so they can focus on what they do best – build new homes,” concluded Mr Ryan.
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.