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This week the Sydney Morning Herald is running a series of articles about the home building industry in NSW. Those articles are not balanced with the realities of the broader regulatory environment and paint an unnecessarily alarming picture.
“So, let’s set the record straight, and get to some of the facts about the housing industry – continued Mr Armitage.
“The NSW housing industry is the most heavily regulated in the nation, evidenced by the fact that fees and charges on new housing in NSW is the highest in the country.
“For the average house and land package in Sydney, the portion of taxes, fees and regulatory costs is a striking $576,000.
“The Strata Communities Association and BCNSW 2023 defect report shows that since 2020 defects in residential buildings are trending downward in NSW.
“The ACIL Allen Consultation on the building code 2025 highlighted that recent changes to the regulation of buildings in NSW have decreased serious defects in apartment buildings by 27%.
“The housing industry has experienced significant regulatory changes since 2020 including:
“Building homes is a noble profession providing a core need for the people of NSW - shelter.
“There are many positive stories of quality award winning building work, happy customers moving into their dream homes and young men and women starting amazing careers in our industry.
“It is entirely unhelpful to tarnish the reputation of the entire industry based on a few cases whilst giving little attention to facts and good news stories.
“HIA welcomes the opportunity to discuss the current regulatory environment builders face, the great work our industry is doing and huge amount of good news stories that exist.” concluded Mr Armitage.
“New home sales in Victoria dropped by 23.3 per cent in the September quarter 2026, reversing the hopeful improvement that was underway earlier in the year and returning to their depressed 2023-2024 levels,” stated HIA Executive Director, Keith Ryan.
“New home sales fell by 17.5 per cent in the September quarter 2026, reversing the recovery that commenced in 2025,” stated HIA Chief Economist, Tim Reardon.
HIA provided a response to the Consultation Draft National Silica-Related Diseases Research Strategy.
This week, the Queensland Government introduced legislation into Parliament to reform the state's workers' compensation scheme by specifically addressing the rising impact of psychological injury claims and fraud on the Scheme's long-term financial sustainability.