It doesn’t matter what industry you’re in, an economic downturn affects us all. Both companies and individuals take careful stock of their funds and restrict their budgets. However, an economic…read more
Building or buying a new property can be as stressful as it is exciting. The last thing anyone wants is to discover their new structure has a serious problem, involving…read more
There’s never a good time for problems to arise in construction, whether you’re a new homeowner who is unsatisfied with the building’s quality of workmanship or are a builder who…read more
The Building and Construction Industry Security of Payment Act 2002 (SOP) is a Victoria-specific legislation that aims to reduce the incidence of debt in the construction industry. It does this…read more
Australian Building Industry Contracts (ABIC contracts) are documents that are specifically created to simplify the contract administration process when architects are administering building contracts. ABIC contracts use plain English and…read more
If you’re looking to develop property in Victoria, the most important changes to property development agreements you need to be aware of are those contained in the State Taxation Acts…read more
The circumstances surrounding COVID-19 in Victoria is rapidly changing. However, as of 23 March 2020, and considering the way it may impact your build, it looks as though your construction…read more
When can you make a claim? Builder’s Warranties When entering into a domestic building contract, be it for the full construction of a house, or simply renovations or extensions to…read more
Are you a Builder or Tradie? Struggling to get paid? Don’t want to go to court? Security of Payments offers a solution!
Due to the high levels of insolvency in construction, security of payment legislation was introduced to ensure cash flow throughout the project. In Victoria this is the Building and Construction…read more
When Can a Builder as for an Extention of Time Pursuant to a Domestic Building Contract in Victoria?
As the saying goes ‘time is money’ and when it comes to delays in construction, this couldn’t be closer to the truth. In fact delays quickly generate financial costs associated…read more