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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.
“Victoria saw a 7.1 per cent increase in new home sales in August, while the other four large states all declined,” stated HIA Senior Economist, Tom Devitt.
“The volume of new homes sold (contract-to-build) nationally decreased by 1.2 per cent in the month of August 2025,” stated HIA Senior Economist, Tom Devitt.
HIA provided the submission to an inquiry into creating sustainable economic growth in rural and regional Australia.
A beautifully executed renovation and two-storey extension of a 1900s period home in Wangaratta has been named HIA Northern Victoria Home of the Year at the 2025 HIA Northern Victoria Regional Housing Awards, held in Yarrawonga on Friday night.