Property Council NSW Executive Director Anita Hugo said the housing challenge requires a system the community can trust, with stronger standards, consistent enforcement and less uncertainty.
"NSW needs to house millions more people in the coming decades – to do that we need a rigorous and trusted framework that supports faster delivery with quality at the centre," Ms Hugo said.
"This Bill reflects our advocacy – giving regulators the tools they need to deal with misconduct and misrepresentation, while giving reputable operators greater clarity about compliance. That combination is what builds public confidence and keeps projects moving.
Ms Hugo said the Bill reflected the outcome of practical engagement between government, NSW Fair Trading and Building Commission NSW and industry.
"It's a good example of reform done properly – clear rules, targeted powers, and a focus on consistent application and coordination."
The Property Council said clarifying the required scope of Decennial Liability Insurance (DLI) was an important step towards bringing products to market that can protect apartment owners from serious defects and support confidence in higher-density housing.
"Getting DLI right matters for consumers and for supply. People need confidence in apartments and investors need confidence in risk settings and this is part of that foundation," Ms Hugo said.
The Property Council also welcomed reforms to strengthen licensing and disciplinary powers, including action on invalid qualifications, misrepresentation and the ability to hold certifiers to account even if they exit the industry.
"Integrity in the system protects homebuyers and renters, and it protects the many professionals who do the right thing", Ms Hugo said.
The Property Council will work with government as the Bill progresses through Parliament, with a focus on clear industry guidance and practical implementation that supports delivery.
"We're keen to hear more from Minister Chanthivong on this reform agenda when he addresses our Property Council NSW Residential Outlook in Sydney on 19 February," Ms Hugo said.
"If government wants more quality homes, we need to make it easy for good builders to build. That means strong safeguards paired with simple, consistent direction and modern tools that lift productivity," Ms Hugo said