Carbon leakage readiness: what businesses should be thinking about now
Client AlertWhat Australia’s Carbon Leakage Review means for trade, imports and business costs
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Safety concerns have been raised, following a fire in a Docklands apartment tower in late 2014. The Metropolitan Fire Brigade confirmed sub-standard external cladding used in the apartment contained combustible materials, fueling the spread of fire.
The Australian building and construction industry continues to be a highly competitive market, driving the increased appeal for low cost, imported building materials. However, many low cost supplies are proving to not meet Australian quality standards and in some cases, are being issued with fraudulent quality certifications.
Master Builders Australia has looked to the Australian Competition and Consumer Commission (ACCC), however the ACCC have expressed that the quality regulation of building products in Australia is not their responsibility, pushing the issue onto purchasers themselves.
Many large scale construction companies have been forced to send their own quality assurance teams to factories abroad, in order to monitor the manufacturing process and ensure Australian quality standards are being adhered to.
Richard Wynne, The Minister for Planning (Andrews Labour Government), led discussions on this matter at the national Building Ministers Forum held late last month. Mr Wynne has suggested the Australian Building Codes Board (ABCB) consider a mandatory certification scheme and a labelling program for high risk building materials.
It is hoped that the ABCB will provide some relief to the building industry and the community, when they report back to the ministers in coming months.
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What Australia’s Carbon Leakage Review means for trade, imports and business costs
Recent findings from the Family Business Report 2025 reveal that cash-flow management and economic uncertainty are the most pressing concerns for businesses in the construction and real estate sectors.
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