Building review could mean cheaper homes

The Queensland government says streamlining building regulations could make it cheaper to build a home.

Public Works Minister Bruce Flegg announced an inquiry into industry regulator the Building Services Authority (BSA)on Friday.

He says the inquiry by the Transport, Housing and Local Government Committee of the Legislative Assembly is part of a push to streamline the BSA.

The government was aiming to improve "payment outcomes" for subcontractors and home owners, he said.

In a statement, Dr Flegg said the committee will look at changes to licensing standards and will consider regulatory reform - including reducing regulations - that may lower the cost of building a home.

The committee will consult with industry stakeholders including home builders, building contractors and relevant experts.

It will also consider submissions from consumers and is expected to report to parliament by the end of November.

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