which political and legal factors are affecting building and construction industry of australia

- do we need permits:

- do we need licence to work:

- do we need approvate at different stages:

- do we need public insurance or tools insurance:

- do we need to comply with laws, standards, regulations, codes?

VBA Victorian Building Authority:

Is this industry higghly regulated:

 

The industry in Australia is highly regulated which is important to protect stake holders in the sector. Regulation in this sector is done by authorized government agencies provided for by various statutes and these bodies and statutory provisions vary from state to state. The National Construction Code is one such regulatory tool which is issued by the Australian Building Codes Board which provides irreducible minimums for the design and construction of new buildings. This code provides the Building Code of Australia in volumes 1 and 2(BCA) and the Plumbing Code of Australia in Volume 3.This code aims to protect the health and safety of players in the construction sector. This code also provides for sustainable design of buildings. This code is considered as the main focal authority in regards to the construction sector in Australia.

Step-by-step explanation

The law governing construction in states is subjective as each state has different legislations which cover areas on licenses, registration, contract formalities, and insurance among others. In New South Wales, the Building and Construction Industry Security of payment Act 1999 and the contractors Debts Act 1997 is used as the regulatory statute. In Victoria the Building and Construction Industry Security of payment Act 2002 is used to regulate construction. Queensland has three statutes which regulate the construction sector, these being, the Building and Construction Industry Security of payment Act2004,the Queensland Building and Construction Commission Act 1991 and lastly the Subcontractors' Charges Act 1974.In The Australian Capital Territory, the Building and Construction Industry Security of payment Act 2009 is used to regulate the construction sector. In Western Australia, the Construction Contracts Act 2004 regulates this sector. In South Australia the Building and Construction Industry Security of payment Act 2009 and the worker's Liens Act 1893 govern this sector. In the Northern Territory, Construction Contracts (security of payments) act 2004 is the focal authority in the construction sector. In Tasmania, the Building and Construction Industry Security of payment Act 2009 regulates this sector. Licensing, permissions and approvals are covered in these statutes as they are a standard requirement in governing the sector.

Australia also provides for Construction and Builders Insurance Policies which protects builders, workers during the construction period, it also protects assets during this period.

It is important for players in this sector to comply with the standard rules, regulations, and standards, codes so as to maintain a safe and fair environment in the construction sector. The construction industry in Australia is highly regulated and this has positive impacts on the sector.

The Victorian Building Authority regulates builders and plumbers so as to ensure efficient and competitive building and plumbing industries in Victoria. It is mandated by the Building and Construction Industry Security of Payment Act 2002.