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28 May 2026
Master Builders Australia acknowledges today’s announcement by the Federal Government of a $39.3 million investment in housing innovation supporting modern methods of construction.
The Minister for Housing also announced a Productivity Commission Inquiry into the regulatory barriers holding back housing supply.
Master Builders Australia CEO Denita Wawn said the innovation investment funding is an important piece of the housing supply puzzle but must be matched by action to remove barriers.
“This investment is welcome, however it doesn’t offset the tax increases in the Federal Budget. Even before its release, industry confidence was under pressure from a fuel crisis, high inflation and rising interest rates.
“We question the need for further inquiries into supply barriers when the evidence is already clear. What’s needed now is action, encouraging investment, improving efficiency, cutting red tape, growing the workforce and delivering enabling infrastructure, as recommended from past investigations and inquiries.
“The Federal Budget is hitting both housing investors and small business with higher taxes, this is a massive impost on the building sector when you consider 98 percent of the building and construction industry are small businesses.
“Adding more hurdles will not increase housing supply. About 20 per cent of small business tradies operate through trust structures, and moving away from them can trigger significant costs, including stamp duty and insurance impacts. The Government should closely consult with the sector and refine its proposals before they are locked in,” said Ms Wawn.
Media contact: Dylan Hafey, Media Advisor
0497 330 064 | dylan.hafey@masterbuilders.com.au