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
Construction needs an effective enforcer not a paperwork obsession
The Housing Industry Association (HIA) warns that proposed national construction standards and new procurement rules miss the mark. It says the measures land hardest on home builders and argues for an effective enforcer rather than more paperwork.
Why it matters: Home builders and small residential contractors could face extra compliance paperwork and procurement requirements, adding admin time and cost to jobs without necessarily lifting building quality.
Potential Commonwealth Standards for the Construction Industry
The Housing Industry Association (HIA) says it backs a lawful, safe, productive and sustainable construction industry and has long called for structural reform. It says the consultation on potential Commonwealth standards proposes several measures it is concerned about.
Why it matters: Commonwealth standards could add new compliance requirements for builders and subcontractors across residential construction. The article gives no detail yet, so the practical impact on trades is unclear.
Secure Australian Jobs Framework
The article argues that residential building and its supply chains should be exempt from the Secure Australian Jobs Framework and any related procurement obligations. It says government effort should go towards improving productivity instead.
Why it matters: Builders and the trades working in residential construction could avoid extra procurement obligations and compliance work if the exemption is granted. Otherwise, supply chain and tendering requirements may change.