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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.
“Of the estimated 34,000 apprentices who will commence a construction trade apprenticeship this year, we expect fewer than 20,000 will make it through to complete their qualification. This must improve,” stated Geordan Murray, Executive Director - Future Workforce.
The Victorian Government has extended its stamp duty concession for off-the-plan properties, providing continued financial relief for homebuyers. This initiative aims to support the housing market and make home ownership more accessible.
HIA provided a submission to the National Policy Competition analysis 2025.
As West Australia’s residential building industry continues to grow and evolve, it’s important we take a step back and look at something we often overlook - our mental health.