Government to benefit from new law
INSURANCE companies and governments will be the main financial beneficiaries of planned new building laws which are predicted to add between $9000 and $12,000 to the cost of building a new home in Gympie.
However, a report on the issue said the plans to lift building requirements and increase the structural strength of homes would also have significant safety benefits for occupants.
The draft report, to be considered by the Australian Building Codes Board, recommended a big extension of the Cyclone Region C southern boundary from near Bundaberg to near Caboolture, including the whole Gympie region in the same cyclone risk category as Cairns.
The report said this would increase the price of a basic house from an average $163,000 to $172,800.
Construction of an average one-storey home would cost $214,000, instead of the current average $202,000.
An average two-storey home, now costing $252,000, would cost $267,100.
Calculation of benefits takes into account a “predicted increase in cyclone peak winds of five to 10 per cent by 2070 and a southward movement of category 3 intensity cyclones by up to three degrees as a consequence of climate change.”
The report conceded that the proposals “are expected to impact adversely on individuals depending on the site characteristics and preferred house design”.
“The construction of all house types will become more expensive,” it said, but added that benefits included reduced damage costs, less disruption to normal life and less damage to people’s health and wellbeing.
The proposals would lead to reduced social disruption.