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“Many of the measures included in the Housing Statement released two years ago by the then Premier, Daniel Andrews, are strategic and focus on the planning system. However, a significant gap in the Housing Statement has always been the lack of recognition of the people who will build these new homes.
“This includes not only the trades such as carpenters, bricklayers, plumbers, electricians, but the builders who manage these jobs and are responsible to consumers for the building work.
“The massive shortage of labour, and especially trades, has been well recognised in recent years. We need an additional 83,000 workers in Australia just to have a chance of meeting the Australian government’s target to build 1.2 million new homes by mid-2029.
“What has not been so recognised is the growing shortage of home builders. In recent years the number of registered builders has been relatively stagnant, and the number of new builder registration applications has declined. HIA has good reason to believe that about two thirds of currently registered builders are not actively building now.
“HIA in recent years has been contacted by many builders who have left the home building industry. They are not going broke. They are leaving because they find the task of managing a home building business too difficult and stressful.
“They are leaving because they believe that governments do not value them and their work.
“They are leaving because they expect not to be able to secure enough domestic building insurance cover to be able to maintain their existing business, let alone grow their business.
“And they are leaving because they feel that governments believe that builders being paid for their completed work is optional.
“Ultimately the ambitions of the Housing Statement can only be achieved if we have enough trades and builders to build these new homes. It is time for the government to accept that reality,” concluded Mr Ryan.
Housing Industry Association (HIA) Industry Outlook Breakfast in Newcastle and Gosford have highlighted the critical role of infrastructure, planning reform and industry support in addressing housing supply challenges across the Hunter and Central Coast regions.
The Housing Industry Association (HIA) is calling on all political parties contesting the November State election to make regional housing a priority, placing regional communities and their growing populations front and centre of their pre-election policy commitments.
“HIA welcomes the initiatives to support new housing announced by the Treasurer as part of today’s NSW State Budget,” said Brad Armitage HIA NSW Executive Director.
On 1 July 2026, builders will receive a 9% increase to eligibility and job profile limits for building indemnity insurance. These changes are designed to keep up with rising construction costs and are a welcome change for the industry. This is one update you don't want to overlook - keep reading to find out if you are eligible, or what you can do to opt-out.