New Sydney Plan welcomed by HIA
HIA has welcomed the finalisation of the new Sydney Plan, a 20-year framework for Sydney's future development. HIA NSW Executive Director Brad Armitage commented in support of the plan.
HIA welcomes the finalisation of the new Sydney Plan which provides a 20-year framework for the future development of Sydney - Brad Armitage, HIA NSW Executive Director
What does the new Sydney Plan mean for builders and tradies over the next 20 years?
Builders and related trades in Sydney may see shifts in development activity and project pipelines as the 20-year planning framework takes effect.
Key takeaways
- The new Sydney Plan sets a 20-year framework for how Sydney will develop and grow.
- HIA, a key building industry body, has formally welcomed the plan's finalisation.
- The plan could shape where and how residential and commercial construction work flows in Sydney.
Related
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.
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.
Brick supply and allocation update
HIA is working with government and manufacturers on brick supply and allocation issues affecting home building in WA. No specific outcomes or changes have been announced yet.
Why it matters: Builders in WA may face ongoing project delays due to brick shortages. Supply constraints can affect scheduling, contract timelines, and cash flow.