Property Council NSW Executive Director Katie Stevenson said innovation in construction would play a critical part in helping NSW meet its National Housing Accord delivery target.
"NSW needs more homes, faster, but the new housing we need is being delivered at one of the slowest rates in a decade - and this construction challenge extends beyond residential into commercial and industrial projects," Ms Stevenson said.
"Modular and prefabricated construction can cut build times by up to 50 per cent, reduce waste, lower on-site emissions and improve quality. It's the kind of breakthrough we need if we're serious about meeting housing and infrastructure targets," she said.
"If we want to hit our housing and infrastructure goals, we need practical changes to regulation, finance and procurement that unlock delivery at scale," Ms Stevenson said.
Ms Stevenson said it was vital to drive innovation and scale MMC, including faster planning and approvals, harmonised regulation for prefabricated building work, plus incentives for R&D and commercialisation.
"These reforms are essential if we are to meet our National Housing Accord targets by 2029 and keep major projects moving across all asset classes," Ms Stevenson said.
Speakers at the 'Unpacking Modern Methods of Construction' event include:
- Prof. Mathew Aitchison, CEO, Building 4.0 CRC
- Caryn Kakas, Head of Housing Strategy, ANZ
- Sarah Kay, CEO, Woods Bagot
- Clinton Ostwald, Director, Economics & Property, Urbis
- Leah Singer, Past Chair, PrefabNZ; Founder and Director, Entwine
"This week's forum is all about showing the solutions in action," Ms Stevenson said.
"For developers chasing speed to market, designers exploring new building forms, and investors looking for scalable, future-ready solutions, this is the place to see and hear what's possible," she said.
The Property Council of Australia is a member of the NSW Government's MMC Taskforce.
