Is the building industry bubble about to burst! episode artwork

EPISODE · Oct 27, 2024 · 32 MIN

Is the building industry bubble about to burst!

from Mindful Builder

It’s been a big week in the building industry and sometimes we’re not quite sure how to feel, which is why we want to break down some of the big changes we’ve noticed and what they could mean down the line!To kick things off, there's been widespread concern about the Coalition's proposal to freeze updates to the National Construction Code (NCC) for the next decade. This plan, with apparent backing from industry heavyweights like the Housing Industry Association (HIA) and Master Builders, triggered a rollercoaster of feelings. Honestly, on the day we heard the news, we were disappointed and angry, but now we’ve had more time to calm down and contemplate the future. An important part of the discussion was breaking down the role that industry associations like Master Builders and HIA play, and the influence they wield. While these organisations undoubtedly contribute positively in many ways — offering legal support, help with contracts, and education programs — there's an unsettling feeling about their stance on this matter. At their core, these organisations represent builders and tradespeople, not consumers, but it doesn’t always feel like they are. Considering the current indusrty landscape, we strongly advocate for licensing all tradespeople. It not only holds individuals responsible but enhances the overall quality of work within the industry.More than anything though, we believe in the strength of collaboration. Organisations like the Sustainable Builders Alliance, Master Builders, and even consumer education groups have the potential to foster significant positive change when they come together.While we haven't tied up every loose end in this conversation, what's important is that the dialogue continues. Together we can build the future we want to see, so reach out and keep this conversation going!

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Is the building industry bubble about to burst!

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