Chaired by the Building Commissioner and attended by the Minister for Building, the roundtable was a valuable opportunity for the Government to understand the challenges facing builders, establish data and information sharing with Building Commission NSW, as well as assess the level of risk currently facing the industry.<\/p>\n
Oil based products are\u00a0a critical input to residential housing construction. Diesel, petrol, and LPG\u00a0power essential\u00a0equipment transport workers to\u00a0construction\u00a0sites and are\u00a0critical components\u00a0to a wide range of building products,\u00a0from concrete to PVC pipes.\u00a0<\/p>\n
Disruptions, price\u00a0increases,\u00a0or uncertainty in fuel supply can affect productivity, costs,\u00a0timeframes,\u00a0and project viability, with\u00a0flow\u2011on\u00a0impacts across the housing construction supply chain.\u00a0<\/p>\n
Following this initial roundtable, the Government and industry groups have committed to:<\/p>\n
Sharing qualitative and quantitative information on construction material pricing, supply and quality, project timeline changes, and fluctuations in workforce capacity.Taking submissions from key stakeholders on ways the Government can support them.Developing a plan addressing current fuel supply impacts and future opportunities for alleviating these pressures.Hosting a follow-up meeting next month to address ongoing risks.<\/p>\n
Key stakeholders in attendance included the Master Builders Association NSW, Housing Industry Association NSW, Urban Development Institute of Australia NSW, Unions NSW, Urban Taskforce, Property Council of Australia, Master Plumbers, and the Plumbers Union.<\/p>\n
This roundtable was an important next step for Building Commission NSW to deepen its understanding of industry experience, as well as emerging issues, risks, and practical impacts in the sector.<\/p>\n
The Government will continue working with the construction sector to monitor the impacts of ongoing fuel and material supply challenges.<\/p>\n
Minister for Building Anoulack Chanthivong said:<\/p>\n
\u201cWe know that builders across the state are experiencing rising construction costs amid higher fuel prices and supply chain disruptions.<\/p>\n
\u201cThe Minns Labor Government is focused on building more homes to buy and rent for the people of NSW \u2013 and we are working in lockstep with the construction industry to ensure these homes are high-quality, safe and sustainable.<\/p>\n
\u201cI\u2019d like to thank every industry stakeholder that engaged in these important discussions, and I look forward to working towards our shared goal of building a better NSW.\u201d<\/p>\n
NSW Building Commissioner James Sherrard said:<\/p>\n
“I want to thank industry members who attended today’s roundtable and told us about how ongoing fuel supply issues are affecting them and the flow on it is having for homeowners.<\/p>\n
“This feedback will play a key role in shaping how the NSW Government responds to these challenges, and how we support the residential construction industry in a challenging time.”\u00a0<\/p>\n
Property Council NSW Executive Director Anita Hugo said:<\/p>\n
\u201cFuel and materials supply pressures are beginning to present real risks for construction costs, project timelines and delivery certainty across the housing pipeline. Early intelligence from our members points to growing exposure to diesel price volatility, higher costs for fuel\u2011intensive materials such as PVC and emerging concerns around bitumen availability.<\/p>\n
\u201cThe Property Council welcomes the NSW Government\u2019s swift and proactive response in bringing industry together and committing to a joint plan to manage these pressures. Working directly with industry to share real\u2011time data and develop practical solutions will be critical to maintaining project momentum, protecting housing supply and avoiding unnecessary delays. We look forward to continuing this close partnership as the situation evolves.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Chaired by the Building Commissioner and attended by the Minister for Building, the roundtable was a valuable opportunity…\n","protected":false},"author":2,"featured_media":411172,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,61,60],"class_list":{"0":"post-411171","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-ie","11":"tag-ireland"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/411171","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=411171"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/411171\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/411172"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=411171"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=411171"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=411171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}