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“The funding will provide much-needed support for homeowners, renters and farmers who are still living with the aftermath of the devastating May floods”.
“HIA and our members have seen firsthand the hardship people face when their homes are damaged or destroyed—especially those without insurance. The deployment of temporary caravans and self-contained pods is a much-needed step to help families stay local to their properties and their communities while they rebuild”.
“From an industry perspective, having people remain on-site not only provides a sense of security for homeowners—it actually helps us speed up repair and rebuild efforts. Communication is quicker, decision-making is easier, and the emotional toll on families is reduced”.
“The introduction of rental grants for renters and financial support for landlords willing to restore properties to the rental market is a smart move. It ensures that more homes will become available faster, easing pressure on an already strained housing market”.
“Perhaps most importantly, the establishment of a dedicated Housing Recovery Service will make a real difference. Too often, residents don’t know where to turn or how to access the support they’re entitled to. A single, streamlined service will help people navigate the recovery process with less stress”.
“This package shows a commitment to listening and learning from past disasters. With heavy rain currently falling across the region, funding to provide real, practical solutions will help our communities get back on their feet”, Mr Jennion concluded.
Housing Industry Association (HIA) Industry Outlook Breakfast in Newcastle and Gosford have highlighted the critical role of infrastructure, planning reform and industry support in addressing housing supply challenges across the Hunter and Central Coast regions.
The Housing Industry Association (HIA) is calling on all political parties contesting the November State election to make regional housing a priority, placing regional communities and their growing populations front and centre of their pre-election policy commitments.
“HIA welcomes the initiatives to support new housing announced by the Treasurer as part of today’s NSW State Budget,” said Brad Armitage HIA NSW Executive Director.
On 1 July 2026, builders will receive a 9% increase to eligibility and job profile limits for building indemnity insurance. These changes are designed to keep up with rising construction costs and are a welcome change for the industry. This is one update you don't want to overlook - keep reading to find out if you are eligible, or what you can do to opt-out.