1 00:00:00,040 --> 00:00:02,599 Speaker 1: The government's making it easier to import a bigger range 2 00:00:02,640 --> 00:00:05,880 Speaker 1: of building products. It is fifty percent more expensive to 3 00:00:05,920 --> 00:00:08,560 Speaker 1: build a standalone home in New Zealand than it is 4 00:00:08,600 --> 00:00:12,440 Speaker 1: in Australia. Now Minister Chris Pink he's introduced legislation that 5 00:00:12,480 --> 00:00:14,680 Speaker 1: will open up the market in theory and bring in 6 00:00:14,720 --> 00:00:17,920 Speaker 1: more competition. But should we be worried about faulty products 7 00:00:17,960 --> 00:00:21,320 Speaker 1: being led in leaky building et cetera. Building Industry Federation 8 00:00:21,400 --> 00:00:24,239 Speaker 1: Chief executive Julian Lasers with me this morning. Julian, good morning, 9 00:00:24,920 --> 00:00:28,040 Speaker 1: Good morning Ryan. What products do we need a better 10 00:00:28,160 --> 00:00:28,600 Speaker 1: range of? 11 00:00:29,680 --> 00:00:32,840 Speaker 2: Well, it's interesting, I think was what the government has 12 00:00:32,880 --> 00:00:37,559 Speaker 2: identified is they can look for equal or of equivalent 13 00:00:37,600 --> 00:00:43,080 Speaker 2: standards where there are costs or concentrations in construction. So 14 00:00:43,680 --> 00:00:47,960 Speaker 2: they're looking for products such as internal linings, external claddings, windows, 15 00:00:48,280 --> 00:00:51,919 Speaker 2: plumbing products and insubation and because that's where often some 16 00:00:52,000 --> 00:00:56,440 Speaker 2: of the you know, the biggest costs are and that 17 00:00:56,560 --> 00:00:59,520 Speaker 2: they're going to focus on those things. And for example, 18 00:00:59,560 --> 00:01:04,080 Speaker 2: water which is an Australian certification has I think two 19 00:01:04,160 --> 00:01:08,160 Speaker 2: hundred thousand products that are certified that meet our building code. 20 00:01:08,600 --> 00:01:14,160 Speaker 2: Those sorts of things will be you know, able to 21 00:01:14,240 --> 00:01:17,119 Speaker 2: be brought into the market and provide much more choice, 22 00:01:17,200 --> 00:01:20,160 Speaker 2: and there should be little risk of not betting our 23 00:01:20,400 --> 00:01:21,200 Speaker 2: building code. 24 00:01:21,480 --> 00:01:24,240 Speaker 1: Right, So if it's good enough for the Aussies, it's 25 00:01:24,240 --> 00:01:26,840 Speaker 1: good enough for us. When you say little risk of 26 00:01:26,880 --> 00:01:29,399 Speaker 1: not meeting our building code, is there a chance that 27 00:01:29,440 --> 00:01:32,399 Speaker 1: these products might perform differently here than over there? 28 00:01:33,600 --> 00:01:35,920 Speaker 2: Well, it's a great question, because of course it's not. 29 00:01:35,959 --> 00:01:39,400 Speaker 2: You know, products are never just they never just act 30 00:01:39,440 --> 00:01:43,760 Speaker 2: in isolation in a building that we know, building systems 31 00:01:44,040 --> 00:01:46,319 Speaker 2: based on the performance of many different criterias. If you 32 00:01:46,360 --> 00:01:48,560 Speaker 2: take a wall, you know that's made up of a 33 00:01:48,560 --> 00:01:51,480 Speaker 2: frame and trust insulation plus the board of ventilation, all 34 00:01:51,480 --> 00:01:56,040 Speaker 2: that sort of thing. Yeah, I think I think that 35 00:01:56,040 --> 00:02:00,160 Speaker 2: there was always in the detail our it be as 36 00:02:00,160 --> 00:02:01,720 Speaker 2: I record, it is going to have to be very 37 00:02:01,800 --> 00:02:06,760 Speaker 2: clear in what those standards are, and so I think 38 00:02:06,800 --> 00:02:10,760 Speaker 2: will only peck standards and products specifically from those of 39 00:02:10,800 --> 00:02:14,359 Speaker 2: trusted overseas jurisdictions that are as close to our kinds 40 00:02:14,360 --> 00:02:17,560 Speaker 2: as possible. That's the only way they can avoid any trouble. 41 00:02:17,800 --> 00:02:20,560 Speaker 1: Julian, is this going to shift the dial in terms 42 00:02:20,560 --> 00:02:22,040 Speaker 1: of how much a cost to build a home in 43 00:02:22,040 --> 00:02:26,040 Speaker 1: New Zealand? Standalone home being fifty percent more expensive to 44 00:02:26,080 --> 00:02:28,200 Speaker 1: build here than Australia. Is it going to shift the dial? 45 00:02:29,600 --> 00:02:31,480 Speaker 2: I don't look, I think it's going to shift the dial. 46 00:02:31,840 --> 00:02:34,600 Speaker 2: Building materials may for about twenty percent of the cost 47 00:02:34,639 --> 00:02:38,680 Speaker 2: of a house overall. I think it will certainly reduce 48 00:02:38,919 --> 00:02:42,400 Speaker 2: some cost and bring those costs down over time, which 49 00:02:42,440 --> 00:02:46,440 Speaker 2: is what we're all aiming for. You know, anything's better 50 00:02:46,480 --> 00:02:50,200 Speaker 2: than nothing, right, so if we can get more choice 51 00:02:50,200 --> 00:02:52,359 Speaker 2: and more competition, that that's going to be good. 52 00:02:53,040 --> 00:02:55,680 Speaker 1: Thanks for your time this morning, Julian Lays, Building Industry 53 00:02:55,720 --> 00:02:57,040 Speaker 1: Federation chief executive. 54 00:02:57,080 --> 00:02:59,840 Speaker 3: It is for more from US talks. 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