Property

Industry welcomes red tape review

MASTER Builders has welcomed the release of the Office of Best Practice Regulation (OBPR) interim report on Measuring and Reducing the Burden of Regulation.

Master Builders director of housing policy Paul Bidwell said the report has identified the compulsory six-star energy rating for new homes, the ban on electric hot water systems and mandatory requirements for rainwater tanks as fast track areas for immediate review.

"Master Builders responded to the OBPR on behalf of the building industry in an attempt to address unwarranted regulations that add to the cost of building as well as creating a compliance nightmare, particularly for those running small businesses," Mr Bidwell said.

"We're delighted that the OBPR's interim report includes some of the key areas highlighted by Master Builders.

"If rectified, changes in these areas have the potential to significantly reduce the regulatory burden on the building industry, which will have a positive effect on the cost of housing.

"Housing in much of Queensland has become increasingly unaffordable, in part because of these regulatory requirements.

"The cost of a rainwater tank adds around $6000 to the cost of a new house - much more on smaller lots.

"If changes are made as a result of this review, it can only be good news for our industry, which has been struggling with the rising cost of compliance with complex government regulations for some time.

"Current regulatory processes have allowed the adoption of regulations where the costs to Queensland far outweigh the benefits - so we see both the industry and the broader Queensland community as big winners.

"The long held view of previous governments that businesses can simply pass on the costs of regulation is incorrect and we believe this latest report demonstrates the Queensland Government's commitment to reducing red tape in Queensland."

Topics:  market, master builders, property, red tape




Your guide to a great night out in Ipswich

Wild Cherries band

Your guide to a great night out in Ipswich

Chance to win big in City Pride

PROUD WINNER: John O’Dwyer of Laidley won $2750 gift voucher in last year's City Pride campaign. Will you be a winner this year?

HOW would you like the chance to win $5000?

81-year-old marches for Aboriginal rights, refugees

The grandmother loves music and plays the piano.

VIDEO: Boonah's 'Billie' Jackson tells of her amazing life

Latest deals and offers

Vintaea: Why I left The Bachelor on the first night

Vintaea Carlos was one of 22 "bachelorettes" looking for love on the fourth season of The Bachelor.

Queensland beauty leaves Richie at rose ceremony.

Amber Heard claims Johnny Depp is stalling divorce

Amber Heard claims Johnny Depp is delaying their divorce

Your guide to a great night out in Ipswich

Wild Cherries band

Your guide to a great night out in Ipswich

The Bachelor host: this year's season is a cracker

The Bachelor host Osher Gunsberg.

GUNSBERG says tonight will be "the best night of TV of the year".

Kerri-Anne Kennerley to Sonia Kruger: "Stay brave"

She said her television peer should "stay brave"

Swimwear designer looking for love on The Bachelor

Noni Janur on her first day of filming.

The 25-year-old is one of 22 women vying for Richie Strahan’s heart

You can own this Queensland town for just $1

Yelarbon

Unprecedented auction of town's business centre with no reserve

Work starts on $15M Caloundra apartment building

Turning the first sod at the Aqua View Apartments site in Kings Beach are (from left) husband-and-wife developers Alex Yuan and Stella Sun with construction company Tomkins director Mike Tomkins and Councillor Tim Dwyer.

Developers excited about addition to Kings Beach skyline

72-year-old Coast developer set to start new project

GREEN LIGHT: The Cosmopolitan has been approved for development at Cotton Tree.

Meet the Canberran set to deliver another chapter for Coast suburb

Plans revealed for 1500-lot 'master-planned community'

Precinct will be bounded by Boundary St and Shoesmith Rd

Ecco Ripley sales run sparks prime release

MOVING IN: Sekisui House has announced the release of more residential blocks at Ecco Ripley.

Sekisui House is preparing to unveil more land at Ecco Ripley