As the boom in new residential building subsides, home renovations is set to emerge as a new area of focus for the kitchen and bathroom industry in Australia, a new report says.

In the 2017 edition of its Kitchen and Bathrooms report, the Housing Industry Association (HIA) says the number of kitchen and bathroom installations in new houses and apartments is expected to drop from record levels of 231,800 and 441,200 in 2015/16 to 173,200 and 338,900 respectively by 2018/19 as new…