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Morrison government backs prefab sector with $2 million innovation lab

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Brief: The Morrison government is spending $2 million to develop a new collaborative lab to help manufacturers design prefabricated buildings.

“This sector is starting to build significant momentum and currently represents 3-5 per cent of Australia’s $150 billion construction industry,” minister for industry, science and technology Karen Andrews said.

“This share could grow to 15 per cent by 2025, creating 20,000 new Australian jobs and adding $30 billion to our economy.”

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