Update: contracts signed before 1 July 2026 and optional cover
HIA is providing updates on the transition from Domestic Building Insurance (DBI) to the First Resort Home Warranty Scheme (FRHWS), focusing on contracts signed before 1 July 2026 and optional cover arrangements.
How does the switch from DBI to First Resort Home Warranty affect contracts I've already signed?
Builders and contractors need to understand how existing contracts are affected by the insurance scheme change to ensure compliance and avoid coverage gaps.
Key takeaways
- Australia is transitioning from Domestic Building Insurance (DBI) to the First Resort Home Warranty Scheme (FRHWS).
- Contracts signed before 1 July 2026 may be treated differently under the new scheme.
- Optional cover arrangements are part of the transitional framework being clarified.
- HIA is monitoring developments and will issue further updates as guidance becomes available.
Related
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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
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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.
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Why it matters: Affects builders, plumbers, electricians and all trade contractors who currently pass card fees to customers. They must absorb or restructure costs before October 2026.