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Building contracts that have been modified or have information missing may be ineligible for the BASIX Transition.
“The prospect of a pick-up in home building activity in 2024 is not likely given the low volume of new homes sales in the first three months of 2024,” stated HIA Senior Economist, Tom Devitt.
On 26 March, HIA advised members that NSW will be adopting a transitional period for the use of engineered stone to ensure businesses can fulfill existing contracts with less disruption and uncertainty. Today, HIA has received the formal confirmation from SafeWork NSW acknowledging the significant impact the ban will have on the operations of businesses HIA represents and the engineered stone industry more broadly.
On 15 April 2024, the NT Government will enact the Building Legislation Amendment Bill 2024 addressing commercial registration. The rollout will occur over two stages and contains a significant transition period allowing practitioners time to become registered.