If that's needed the loads can be transmitted to GF load bearing walls.@BAS - stud walls have their uses. On upper floors, for example, they enable builders to position walls where convenient, which may not necessarily be directly over ground floor load-bearing walls.
It just needs designers with a sense of what is right and proper, that's all.
"With the correctly spaced studs". Who knows, and how do they know, what that correct spacing will be for the entire life of the building?And 25mm plywood wood be over the top - 1/2" ply or OSB would do. This, with the correctly spaced studs, would be OK for fixing wall units etc.
With studs not guaranteed to be in any particularly fortuitous place, and ½ " OSB fixed over it, can you guarantee that any load people might want to fix to the wall will of course be fixable absolutely anywhere on that wall?