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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.”
Treasurer Jim Chalmers handed down the 2026-2027 Federal Budget tonight which was couched as his most transformative budget since the ALP came to government in 2022.
The Federal Budget will make Australia’s housing shortage worse by reducing the supply of new homes at a time when the country is already struggling to house a growing population.
“The Housing Industry Association (HIA) welcomes today’s Federal Budget announcement of a half a billion dollar investment to modernise environmental approvals that will help deliver a faster, technology enabled and fit for purpose system that supports urgently needed housing supply,” said HIA Managing Director, Jocelyn Martin.
The Housing Industry Association (HIA) has welcomed the news that the 2026/27 Federal Budget will invest an additional $2 billion over four years to fund critical infrastructure, which will support the construction of up to 65,000 new homes.