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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.”
Building approvals for dwellings in Canberra for the year to the end of March have shown some signs that the market may be turning the corner but still remain well below government targets.
“Australia has just seen its two weakest years of new home commencements in over a decade, meaning these ongoing shortages of skilled trades are not being caused by home building activity,” stated HIA Chief Economist, Tim Reardon.
“There were 48,620 new homes approved for construction in the first quarter of 2025, up by 20.8 per cent on a year earlier,” stated HIA Senior Economist Tom Devitt.
“The Housing Industry Association (HIA) calls on the newly elected Federal Government to make housing a first-order priority from day one, any delay or political grandstanding will only deepen the nation’s housing crisis,” HIA Managing Director Jocelyn Martin said today.