HIA welcomes $50 million to improve housing supply and industry productivity
The Housing Industry Association has welcomed a $50 million Housing Innovation Fund announced by the State Government to support local manufacturing and boost housing supply and industry productivity.
$50 million Housing Innovation Fund to support local manufacturing capability and capacity
What is the $50 million Housing Innovation Fund and how will it help builders?
Builders and carpenters may benefit from improved access to locally manufactured materials and equipment, potentially reducing delays and costs on residential construction projects.
Key takeaways
- State Government announced $50 million Housing Innovation Fund for local manufacturing
- Fund aims to improve housing supply and industry productivity
- HIA supports the initiative to boost local manufacturing capability
- Investment targets increased capacity in housing construction sector
Related
Construction needs an effective enforcer not a paperwork obsession
The Housing Industry Association (HIA) warns that proposed national construction standards and new procurement rules miss the mark. It says the measures land hardest on home builders and argues for an effective enforcer rather than more paperwork.
Why it matters: Home builders and small residential contractors could face extra compliance paperwork and procurement requirements, adding admin time and cost to jobs without necessarily lifting building quality.
Potential Commonwealth Standards for the Construction Industry
The Housing Industry Association (HIA) says it backs a lawful, safe, productive and sustainable construction industry and has long called for structural reform. It says the consultation on potential Commonwealth standards proposes several measures it is concerned about.
Why it matters: Commonwealth standards could add new compliance requirements for builders and subcontractors across residential construction. The article gives no detail yet, so the practical impact on trades is unclear.
Secure Australian Jobs Framework
The article argues that residential building and its supply chains should be exempt from the Secure Australian Jobs Framework and any related procurement obligations. It says government effort should go towards improving productivity instead.
Why it matters: Builders and the trades working in residential construction could avoid extra procurement obligations and compliance work if the exemption is granted. Otherwise, supply chain and tendering requirements may change.