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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 new homes increased by 5.5 per cent in the month of May 2024,” stated HIA Chief Economist Tim Reardon.
Housing Industry Association welcomes the Cook Governments announcement to increase skilled migration in WA and calls for 80% of places to be allocated to housing construction.
“The Housing Industry Association (HIA) has today launched our 2024 NT election priorities, that sets out a 10-point plan for rebuilding the Territory” stated HIA Executive Director - Northern Territory, Luis Espinoza.
Members are reminded that a ban on engineered stone commenced on 1 July 2024 in NSW and the ACT. This will apply to both working with, and installation of the product.