On 8 June 2012, the Australian Building Codes Board (ABCB) released a Council of Australian Governments (COAG) Consultation Regulation Impact Statement (RIS). The Consultation RIS examines a proposal to address the risk of floods to new residential buildings by amending the National Construction Code. Currently there are no specific provisions for new residential buildings in flood hazard areas in the National Construction Code as these risks are currently managed by local government planning officials under State or Territory legislation. This COAG RIS for consultation was prepared by the ABCB and assessed as adequate by the Office of Best Practice Regulation. The ABCB invites comments by 17 August 2012.