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“HIA has stressed that the legislation represents greater uncertainty and complexity for businesses, particularly small businesses that are already feeling crushed by the weight of regulation and regulatory change.
“The majority of businesses in the residential building industry are small and family businesses and most of the work carried out in our industry is undertaken by sub contractors who value their independence and ability to be their own boss,” added Ms Martin.
“Despite the Government’s assertion that the reforms focus on the ‘gig economy’, the risks remain for subbies in our industry, given the uncertainty and conflicting information that is being released.
“There remains an open question about how the reforms will affect independent contracting in the residential building industry. Simply adding further red tape, cost and complexity to an already heavily regulated industry poses a risk to the housing industry and over 1 million workers.
“HIA calls on Minister Burke to clarify once and for all to the significant number of sub contractors in the residential building industry that their businesses will not be under jeopardy from these IR reforms or other reforms under consideration,” said Ms Martin.
“Independent contracting arrangements in the residential building industry are critical to delivering the Government’s commitment to build 1.2 million homes over the next 5 years, not to mention helping to alleviate the housing affordability crisis.
“Any legislation that hampers the industry’s progress will just hurt Australians trying to get into a home,” concluded Ms Martin.
HIA is aware that industry is raising concerns about price increases to fuel and materials arising from the conflict in the Middle East. To assist members to account and respond to price increases we have prepared information on dealing with cost uncertainties and fluctuations under HIA contracts.
This opinion piece from HIA Chief Economist Tim Reardon responds to the Reserve Bank of Australia Financial Stability Review and discusses how the cumulative tightening of macroprudential settings has increasingly locked first home buyers out of the market.
HIA today presented the 2026 Small Business Conditions Survey to the Deputy Premier and Minister for Small Business, Trade and Consumer Affairs, the Hon Guy Barnett MP, during the HIA President’s Luncheon in Hobart, where the Minister met directly with Tasmanian builders to discuss the challenges and opportunities facing residential construction businesses.
Evidence presented to the Select Committee Inquiry on the Operation of the Capital Gains Tax Discount made it clear that the driver of Australia’s housing affordability and rental crisis is not investors, but a lack of housing supply.