Improvements to NSW Home Warranty Scheme suggested in reforms
The Home Warranty Scheme in New South Wales is set to get a revamp with three major organisations coming together to offer a set of reforms to the government.
The alternations have been agreed upon by The Owners Corporation Network, the Urban Taskforce Australia and the Property Council of Australia.
"The package of reforms we have proposed addresses the whole process from construction to supervision, certification and maintenance", says Glen Byrnes, executive director of the Property Council in NSW.
If the government adopts the proposed changes, the trio of organisations hopes to give owners and builders more confidence about building quality and the resolution of defects.
This would be great news for anybody looking to buy a house or who already owns residential or commercial property in the state.
As Stephen Goddard, chair of the Owners Corporation Network states, "building regulation without compliance incurs social and or economic costs that are not sustainable. This initiative will generate good public policy which is in the public interest."
DesignBuild Source points out that there are more parties involved in the process of the home building industry, such as building inspectors, engineers, educators and certifiers, who will also be affected by the reforms.