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GOVERNMENT BACKING FOR AUSTRALIAN PREFAB

THE MORRISON GOVERNMENT HAS PLEDGED SUPPORT FOR THE PREFABRICATED BUILDING INDUSTRY IN THE FORM OF UP TO $2 MILLION TO BE SPENT DEVELOPING A NEW COLLABORATIVE LAB.

The lab is intended to help manufacturers design innovative new prefabricated buildings with objectives of eco-friendliness, affordability and reduced build times.

In a media statement, Minister for Industry, Science and Technology Karen Andrews said the new lab would support work on a wide range of buildings, including tiny houses, larger homes and offices.

She said a key aim of the project was to strengthen Australia’s position in the global prefabricated building market.

“This sector is starting to build significant momentum and currently represents 3-5 per cent of Australia’s $150 billion construction industry,” Minister Andrews said.

“This share could grow to 15 per cent by 2025, creating 20,000 new Australian jobs and adding $30 billion to our economy.

“The Morrison Government is committed to helping support and grow this emerging industry and ensure Australia seizes this opportunity.”

To kick-start this new project, the Advanced Manufacturing Growth Centre will receive up to $2 million in funding to undertake a feasibility study and, based on the findings, establish a collaborative innovation lab.

The Coalition has also announced $4 million in funding to the Australian Research Council Training Centre for Advanced Manufacturing of Prefabricated Housing.

The Morrison Government says it’s committed to Australia’s advanced manufacturing sector, as part of a plan to grow the economy and create 1.25 million new jobs over the next five years.■


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