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“These commitments act on one of the key outcomes from the recent Treasurer’s Economic Reform Roundtable and will provide industry with greater stability and certainty to support the delivery of more homes faster.
“The burden of excessive regulation related to building, planning and approvals is adding significant cost, complexity and delays which is impacting our industry’s ability to supply the homes we need.
“In the lead up to the Building Ministers' meeting, HIA set out a detailed plan to manage the scale and complexity of the proposed changes rather than just adding more layers of complexity and red tape.
“Equally we set out a plan to reforming how code provisions are developed by the Australian Building Codes Board (ABCB) going forward and key actions to remove barriers to modern methods of construction (MMC).
“HIA is pleased to see from today’s announcement that Ministers are listening and responding to industry concerns.
“The decision to focus NCC 2025 changes primarily on those considered essential and targeted at non-residential buildings strikes a pragmatic balance and now provides industry with a clear path to prepare and adapt ahead of their adoption in May next year.
“Importantly, Ministers also committed to a comprehensive overhaul of how the NCC is developed and implemented going forward something HIA has long called for. Alongside this tasking the ABCB will look at how the code can support greater adoption of AI and MMC which can pave the way for greater efficiencies in housing delivery.
“We know though that it is not just the construction of homes impacted by regulation. Recent actions in fast-tracking EPBC Assessments and the specialist ‘housing strike team’ are making a real difference with over 4,600 homes been approved since the August roundtable.
“Solving Australia’s housing supply crisis will not be done with a single policy change, it requires a broad suite of measures and actions.
“Today’s Building Ministers' commitments provides one example of what can be achieved where Federal, State and Territory governments can come together and provide leadership to deliver meaningful and practical changes that can make a real difference on the ground,” concluded Ms Martin.
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.