In the case of Gardez Nominees Pty Ltd v NSW Self Insurance Corporation  the Supreme Court made determinations as to whether the plaintiff mortgagee in that matter was a beneficiary of a policy of insurance issued under to the Home Building Compensation Fund. The decision potentially has wide ranging implications given the interpretation given to a number of key provisions in the Home Building Act 1989.
As of 15 January 2015 details of contracts of home warranty insurance issued by the NSW Self Insurance Corporation may be accessed through an online register. The register provides key information about the extent of insurance protection offered to owners and prospective purchasers.
A number of key amendments to the home building laws in New South Wales have now come into operation. The amendments have wide ranging implications impacting on licencing, defect litigation and home warranty insurance. A number of considerations that arise from the amendments are discussed in this article.