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{{propApi.successMessage}} {{region}} Change locationAnti-money laundering laws to apply to builders selling new homes
Anti-money laundering laws to apply to builders selling new homes
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Building indemnity caps lifted to combat rising building costs
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.
Anti-money laundering laws to apply to builders selling new homes
New federal anti-money laundering and counter-terrorism financing laws (AML/CTF laws) will take effect from 1 July 2026. If you are a property developer or builder selling new homes and blocks of land, you may be providing a ‘designated service’ and have obligations under these new AML/CTF laws.
Regional Victoria must be central to housing solutions ahead of state election
The Housing Industry Association (HIA) is calling on all political parties contesting the Victorian election this November to make housing a top priority and to place regional Victoria at the centre of their plans, as builders, industry leaders and political representatives gather in Wodonga for a Regional Housing Roundtable.
NT Budget a boon for new building work
The Housing Industry Association (HIA) welcomes the Northern Territory Government’s decision to extend the HomeGrown Territory grant and FreshStart New Home grant until 30 September 2027 under the 2026/27 Budget.