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“The priority given to focusing on streamlining regulators that interact with businesses in the construction industry is long overdue given the numerous agencies and often overlapping responsibilities.
“Equally the move to substantially cut red tape to let Victorian businesses get on with running and operating their business, rather than continuing to look over their shoulder at more new regulations, is welcomed and something HIA has long been calling for.
“Over recent years there has been major building, safety, small business, energy and planning reforms introduced and have created significant regulatory burden and increased complexity on building homes and running of businesses. Out of date and ineffective home building contract laws are also a significant problem.
“Industry across the board and particularly small business, are struggling under the weight and the cumulative impacts of these reforms and out of date laws.
“This substantial increase in red, white and green tape are hampering the delivery of new homes and adding to cost of living pressures.
“The commitment to halve the number of business regulators is especially welcome. This is a major step towards streamlining systems and processes for builders and homeowners in getting homes approved and delivered faster.
“The announcement also recognises HIA’s call for renewed investment in workforce skills. The investment in a Future of Housing Construction Centre of Excellence will play an important role in training workers in modern construction technologies, such as prefabricated and modular construction.
“If implemented carefully, the changes announced today have the potential to equip Victorian home builders with the skills they need and the processes they want when they interact with their regulators.
“Doing so will free up time, money and resources so they can focus on what they do best – build new homes,” concluded Mr Ryan.
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.