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“The early success of the EOI process demonstrates that the housing industry is eager to move forward with bigger projects that can side-step the slow council approval system,” said Brad Armitage HIA Executive Director NSW.
“The influx of EOI applications shows that there are many viable housing projects out there and is evidence that the housing industry needs to have more flexible, faster approval pathways. The more approvals we can shift away from councils, the more new homes we can build.
“There are also steps that can be taken to ease up the backlog for lower density housing approvals in council, by increasing complying development. HIA is a great advocate for complying development pathways to speed-up planning approvals, saving money, and improving affordability for new home buyers.
“HIA stands ready to work with the NSW Government on improving the approach to housing approvals so that the industry can move forward and build more homes,” concluded Mr Armitage.
“The RBA decision to keep interest rates in restrictive territory today will not stop the improvement in leading indicators of future home building,” stated HIA Senior Economist Tom Devitt.
In mid-June 2025, the NSW Premier released the Housing and Productivity Contribution (HPC) Works-in-Kind Guideline for public consultation.
Today the State Government announced proposed changes to the regulatory powers to investigate registered builders who may be unable to meet the financial requirements of registration. The announcement also included a long-awaited review of the Home Building Contracts Act 1991 (HBCA) and associated laws.
Housing Industry Association welcomes today’s announcement by the Cook Labor Government to review key aspects of the home building contracts legislation and provide the building regulator with additional powers to work with builders in distress.