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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.
Despite the nation falling behind in its housing targets, the Federal Government has left apprentices and employers in limbo with uncertainty of funding beyond Christmas, says the Housing Industry Association (HIA).
“Home renovation activity nears record high, boosted by rising home prices and low unemployment,” stated Tim Reardon, HIA Chief Economist.
“Today is a great day for the housing industry in NSW with passage of the Planning System Reforms Bill 2025 through parliament,” said Brad Armitage, HIA NSW Executive Director.
Starting 1 July 2026, domestic building insurance (DBI) will only be available through the Building and Plumbing Commission (BPC), which has replaced the VMIA in providing this product.