Home Warranty - (Update) - Major Builder Review Criteria (NSW only) 15/07/2014

The Home Warranty Insurance Fund (HWIF), the department of the NSW government that support Home Warranty have changed the criteria to be classified as a Major Builder.

Effective from the 1st July 2014 a Major Builders is a builder that is:

  • predominantly a home builder or residential alterations and additions builder with an approved eligibility turnover or annual business turnover of $15 million or above;
  • a swimming pool builder with an annual business turnover of $15 million or above;
  • a commercial or multi dwelling builder with an annual business turnover of $30 million or above;


In addition to the above the following criteria has been added as a major builder:

  • the builder is predominantly a home builder or residential alterations and additions builder with approved eligibility of $5 million or above
  • who requests an increase in turnover of 50% or more; or
  • is subject to 6 monthly or 3 monthly intensive monitoring;


Annual business turnover relates to all construction works (residential and non-residential) undertaken across Australia and includes:

  • the business turnover of related entities under the same management control or ownership;
  • the business turnover of entities under the control of the same parent entity; and
  • budgeted construction costs for jobs under project management agreements.


Major Builders are required to undergo an assessment of the entire group annual as we as completing 4 quarterly online assessments.

Major Builder Eligibility Review Fact Sheet is attached as a .pdf below.

The HWIF also reserves the right to deemed a builder as a Major Builder even if they are outside the above guidelines.

If you feel that your business qualifies or will qualify as a major builder please contact our office to discuss one of our Home Warranty experts.

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