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Today the government introduced a Bill into the Victorian Parliament to reform the Domestic Building Contracts Act 1995. The contents of the Bill should be available tomorrow.
“HIA has long called for reform to this Act. This legislation which regulates the contracts between homeowners (including developers) and builders is antiquated and not fit for purpose. This legislation managed to not only fail to protect consumers but also imposed unnecessary restrictions on home builders.
“For too long governments have been reluctant to review and update this legislation – save for the amendments to establish the now discredited Domestic Building Disputes Resolution Victoria (DBDRV) - so the Minister for Consumer Affairs is commended for his leadership in this matter.
“The Victorian government has consulted with many stakeholders, including HIA, and we believe that the new legislation generally should do a reasonable job in balancing the interests of consumers and home builders.
“There will however be reliance on the making of regulations to update the progress payment system and the payment of deposits. These regulations need to consider not only future home building methods but also existing home building methods which are already misaligned with the long entrenched standard progress stage definitions and percentages.
“HIA looks forward to continuing to engage with the government and others about future improvements to the laws regulating home building contracts,” concluded Mr Ryan.
October is National Safe Work Month, which is an important time for both employers and workers to focus on, and commit to, promoting safe and healthy workplaces, according to the Housing Industry Association (HIA) Chief Executive – Industry & Policy Simon Croft.
The latest figures from the Australian Bureau of Statistics (ABS) show that while new home building approvals in the ACT have lifted slightly in 2025, the pace of growth remains far too slow to meet the territory’s housing needs.
HIA have been lobbying for changes to streamline the process which will allow certifiers to issue Certificates of Occupancy (CoO).
“The positive impact of a decline in the cash rate hasn’t been sufficient to drive a genuine recovery in home building,” stated HIA Senior Economist Tom Devitt.