The Property Council of Australia says the changes to the National Construction Code (NCC) endorsed by the Building Ministers Meeting will provide the industry with the confidence to deliver city-shaping assets and meet important quality and sustainability standards.
Property Council Chief Executive Mike Zorbas said after consultation with the industry on the commercial measures of this year's update, yesterday's endorsement strikes a balance and provides industry with the assurance to continue building high-quality, world-class assets.
"The Building Ministers' endorsement recognises the innovation in Australian commercial projects and will support the continued advancement of quality, safety and sustainability standards," he said.
"At the same time, the brief pause on further changes to the NCC on residential construction provides the opportunity to simplify an otherwise complex code, ensure proper state buy-in and make building new homes easier.
"Collaboration with governments and industry will be vital in ensuring the recalibration of the NCC works for all asset classes and is fit-for-purpose and universally adopted.
"National consistency is key to creating an efficient property sector and meeting important quality, sustainability and safety standards," he said.