THE FINANCIAL REVIEW MONDAY 7 MAY
BUILDERS ARGUE AGAINST CHANGE

This article is about how two building organisations ( Housing industry association and the Master builders association of Victoria are trying to persuade the Victorian government to reach a compromise on workplace safety regulations that the building organisations say will make more red tape and raise costs. They are trying to have residential construction exempted from these regulations which are intended to create a more uniform standard for projects over $250,000. The organisations claim this will add up to $37,500 onto the cost of a house. The master builders association executive director Brian Welch said 'the regulations would drown builders in paperwork and seriously affect housing affordability.

This will lead to increased cost for those buying new houses and add to the already high costs of buying a house with houses already at very high prices and people having to borrow heavily to buy them and having large interest repayments this could discourage people from buying and slow the construction industry also how can houses be compared to large multi story buildings which might be 10 storys while a house is only one or two.