The specially designed foam core provides fire and termite resistance as well as acoustic and weather insulation.

"It offers a new future for building in Australia, it's a reality, this is the future," inventor said.

"We started concentrating on houses, but we've found people want to use the product for a wide range of uses and so we believe there is no limit to the potential," he said.

The design flexibility that is available for customers is part of the system's whole appeal. Not only are the panels available in any length, but buyers can choose any building material for each side of the panels – colour bond, cement board, wood, stainless steel, anchor bolt and so on - with the option of having entirely different choices for the interior and exterior facing sides.