State-wide Flood Hazard Code Amendment
HIA has responded to a proposed State-wide Flood Hazard Code Amendment in South Australia, welcoming reduced application of the Hazards Flooding Overlay due to improved flood mapping.
How will SA's new Flood Hazard Code Amendment affect building sites and approvals?
Builders and developers in SA may face fewer flood overlay restrictions on sites, potentially reducing compliance costs and delays on affected projects.
Key takeaways
- SA is proposing changes to its State-wide Flood Hazard Code that affect where flood overlays apply.
- HIA supports the amendment, citing better flood studies and mapping as the basis for reduced restrictions.
- Fewer properties may be subject to the Hazards Flooding Overlay under the proposed changes.
- Builders in SA should monitor the amendment as it could affect site assessments and development approvals.
Related
South Australia needs more tradies
HIA is using National Tradies Day to call on governments to boost trade workforce numbers in South Australia. The focus is on improving apprenticeship attraction and completion rates.
Why it matters: Affects all trade types including builders, plumbers and electricians. Workforce shortages can limit job opportunities but also increase workload pressure on existing tradies.
Minimum tax on discretionary trusts
The Housing Industry Association has come out against a proposed minimum tax on discretionary trusts and the related Excluded Election Trust regime. No further detail on the policy mechanics is provided in the article.
Why it matters: Builders and trade contractors who operate through discretionary trusts could face higher tax bills if this policy proceeds, affecting business structure decisions.
Advancing the industry's case in Canberra
HIA held a major advocacy week in Canberra covering workforce, taxation and migration policy. Members were brought directly into discussions with political leaders on key industry issues.
Why it matters: Builders and associated trades could see changes to workforce supply, tax settings and migration rules that directly affect hiring and business costs.