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HIA News ·

HIA welcomes transformational Honeysuckle HQ development

The HIA has welcomed the NSW Government's selection of DOMA Group to lead the Honeysuckle HQ precinct development in Newcastle, described as the city's largest transformation project to date.

What's happening with Newcastle's Honeysuckle precinct development?

Large-scale NSW construction projects create significant subcontracting and labour opportunities for local trades businesses.

Key takeaways

  • NSW Government has announced DOMA Group will lead Newcastle's largest precinct transformation at Honeysuckle.
  • The Housing Industry Association has welcomed the development announcement.
  • The project represents Newcastle's biggest precinct transformation to date.
buildingNSWbusiness

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Why it matters: Builders in NSW can take some confidence that large-scale housing starts are stable, suggesting steady pipeline work. Subcontractors including plumbers, electricians and carpenters may see consistent demand continue.

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Security of payment law is working. The contracts are drafted around It.

All Australian jurisdictions now have security of payment laws, 27 years after NSW introduced the first Act. The legislation is functioning as intended across the country.

Why it matters: Builders, plumbers, electricians and other contractors rely on security of payment laws to recover unpaid debts. If contracts are being drafted around the Act, cash flow protections may be undermined.

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Inquiry into the financial and operational performance of TasWater

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Why it matters: Builders and plumbers in Tasmania may be affected by TasWater's performance, including connection delays, infrastructure capacity, and cost impacts on new developments.

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