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{{propApi.successMessage}} {{region}} Change locationBoost for new homes in South West Sydney
Boost for new homes in South West Sydney
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“This $26 million investment is for enabling civil works including roads, sewerage, water and power that will support the delivery of 65 new social homes and 210 private residential lots as part of the Bonnyrigg Renewal Project in South West Sydney.
“This investment is critical to make these projects shovel ready and build ready faster, as builders often tell us that getting this key ‘last mile’ infrastructure is what holds many projects back from being delivered in a more-timely fashion.
“HIA strongly advocated for a boost in enabling infrastructure funding as part of this year’s Federal Budget and were pleased to see $1.5 billion being committed by the Federal Government to support states, territories and local governments to unlock new homes.
“It is therefore encouraging to see this funding now being rolled out to support key housing projects, with examples such as the Bonnyrigg Renewal Project, as important steps forward in boosting housing supply across the country,” concluded Ms Martin.
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RBA misses opportunity
“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.
Housing and Productivity Contribution Scheme Works-in-Kind Guideline
In mid-June 2025, the NSW Premier released the Housing and Productivity Contribution (HPC) Works-in-Kind Guideline for public consultation.
Government announces broader licensing powers and HBCA review
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.
HIA welcomes changes providing confidence for home building
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.