The NSW Government is conducting a major review of the Home Building Compensation (HBC) Scheme. ThisÌýis a significantÌýopportunity for the industry to provide crucial inputÌýto the scheme’s future structure.
Led by Bronwyn Weir, the review will cover issues like industry insolvencies, insurance adequacy, and compliance. It will also determine who should provide the insurance.
WithoutÌýa workableÌýHBC Scheme, the Federal Government's target of building 1.2 million homesÌýwill beÌýunattainable. Decisions made now will directly impact how we operate and grow.
Your feedback is vital to shaping a scheme that works for everyone. We urge you to participate and make a difference.
The consultation is open until Monday, 11 November 2024.
Have your say here:
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