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“The Federal Government has stated that the new emissions standards won’t increase the costs of utes, 4WD’s or other light-commercial vehicles nor restrict access to these types of vehicles going forward.
“But other industry experts claim to have modelling that shows the new laws will add significant upfront costs and are likely to result in car manufacturers needing to scale back the key types of vehicles our industry relies on to run and operate their businesses.
“At the moment there is no viable alternative to replace these vehicles.
“The building industry hasn’t been directly consulted on these new emission standards, despite their potential direct impacts and we encourage the Federal Government to engage with our industry on the timing and introduction of the proposed new laws.
“Over the past three years, the building industry has faced significant construction price increases, arising from material and labour shortages, as well as a range of changes to building, WHS, taxation and business compliance costs.
“Any further added costs, complexities or regulatory impediments being layered over the top of our industry at this time will only make their jobs harder and have downstream impacts on housing supply and affordability.
“HIA understands the intent of the proposed emission standards in reducing fuel costs and lowering emissions, however, the uncertainty of new laws and lack of information being released is not helpful.
“Therefore, we would encourage the Government to release their modelling to provide clarity and certainty on the new proposed laws to allow industry to adequately gauge the impact of the laws.
“If the Government wants to build 1.2 million houses in five years it needs to consider the needs of the workers who are responsible for reaching that target,” concluded Mr Croft.
“The RBA decision to keep interest rates in restrictive territory today will not stop the improvement in leading indicators of future home building,” stated HIA Senior Economist Tom Devitt.
In mid-June 2025, the NSW Premier released the Housing and Productivity Contribution (HPC) Works-in-Kind Guideline for public consultation.
Today the State Government announced proposed changes to the regulatory powers to investigate registered builders who may be unable to meet the financial requirements of registration. The announcement also included a long-awaited review of the Home Building Contracts Act 1991 (HBCA) and associated laws.
Housing Industry Association welcomes today’s announcement by the Cook Labor Government to review key aspects of the home building contracts legislation and provide the building regulator with additional powers to work with builders in distress.