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“The announcement by the NSW Government to establish a Building Commission by years end must not add to the regulatory burden and red tape faced by the residential building industry,” says HIA NSW Executive Director, David Bare.
“More than ever before, supply of new dwellings is critical to address a growing housing shortage and affordability crisis in the state.”
While there was little detail on how such a commission would benefit increased housing supply, it is rare that significant regulatory changes result in greater efficiencies.
“Therein lies the challenge for the Premier, Minister Chanthivong and Commissioner Chandler. The NSW economy and those desperately seeking housing can ill afford the formation of another large bureaucratic department within government.
The Minn’s Government must consult our industry on the design, structure and operation of a Building Commission to ensure it yields an overall benefit to the delivery of housing. It must not serve as another regulatory hand brake on supply.
HIA looks forward to continuing engagement with the NSW Government and Commissioner Chandler on the formation of the Building Commission to ensure that housing supply is not sacrificed in the process.”
“Home building materials have continued to experience only modest cost increases, up by 1.6 per cent in the 2024/25 financial year,” stated HIA Senior Economist, Maurice Tapang.
“Today’s interim report from the Productivity Commission overwhelmingly backs what HIA has long been saying - that the regulatory burden on businesses is getting worse in this country and there is need for a major overhaul on the approach to regulation,” said HIA Managing Director, Jocelyn Martin.
“The Housing Industry Association (HIA) welcomes the release of the Queensland Productivity Commission’s interim report into construction productivity It is a significant and necessary step toward overcoming the housing supply challenges facing Queensland,” said Michael Roberts, HIA Executive Director Queensland.
“New home building approvals in the 2024/25 financial year were up by 13.9 per cent compared to their 2023/24 trough,” stated HIA Senior Economist Tom Devitt.