Molonglo Town Centre Master Plan progress but immediate barriers remain
ACT Government released Molonglo Town Centre Master Plan for Canberra growth area, but builders and developers face ongoing barriers that limit immediate project impact.
What does the Molonglo Town Centre Master Plan mean for ACT builders?
Builders and developers in ACT need to understand that despite planning progress, immediate barriers mean limited short-term work opportunities in this growth area.
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Approvals reflect good momentum heading into 2026
Building approvals fell 3.4% in April, with detached houses down 0.9% and multi-units down 7.2%. HIA's Senior Economist Tom Devitt reported the figures.
Why it matters: Builders and carpenters should expect slightly reduced work pipeline in coming months as fewer new projects get approved across both house and apartment sectors.
Wage ruling will increase housing costs and hit small builders hardest
The Fair Work Commission has increased minimum award wages by 4.75%, which the Housing Industry Association warns will raise housing construction costs and particularly impact small building businesses.
Why it matters: Builders, especially small operators, will face higher labour costs that may be passed to clients or squeeze profit margins, potentially affecting project viability and competitive quoting.
NCC 2022 to continue in Tasmania until May 2027
Tasmania's Parliament has passed legislation that will keep the NCC 2022 in effect until May 2027, delaying adoption of newer code versions.
Why it matters: Builders, plumbers, electricians, and HVAC installers in Tasmania must continue working to NCC 2022 standards rather than updating to newer codes, affecting compliance requirements.