NSW Home Warranty Insurance reforms

The NSW government insurance regulator, SIRA, has issued discussion papers on the implementation of further reforms to the Home Building Compensation Scheme.

The discussion papers relate to premium guidelines for setting home warranty insurance premiums, and for eligibility guidelines relating to how building contractors should be assessed for eligibility for insurance.

Anyone interested in this area of business should have a look at the discussion papers, which are available here:

Submissions in response to the discussion papers need to be lodged with SIRA by 15 September 2017.