The latest economic report for Victoria is now available. Highlights of the report appear below, with the full report available here. • Economic growth topped 3.6 per cent over the year-to September 2017,the highest level of annual growth since June 2016. • At 2.4 per cent over the past year, Victoria is the only State […]

Payment claims under the security of payment legislation are often served during the Christmas-New Year shutdown period. Commercial contractors and domestic builders can be exposed to unnecessary difficulty simply by being out of the office. You can protect yourself by having someone check your post, fax and emails and by having the right resources on […]

There are a lot of changes in the lending arena that have resulted in consumers having to struggle to obtain finance. This is especially true for investors wanting to build single houses or developments. Some of the finance limitations are for: – Interest-only loans – Investment/construction loans – Affordability restrictions (Tighter servicing) – Consumer loans […]

The latest results from the Master Builders National Survey show a positive outlook for Victorian business confidence, with business conditions at a decade high. This confidence stems from the expectation of ongoing work in the residential sector; work on the books continues to be good, especially in the detached and town-housing sectors. The residential sector […]

“We applaud the Victorian government’s commitment to infrastructure in the release of their five-year plan, citing urgent road projects including North East Link and the Metro tunnel project,” Radley de Silva, CEO Master Builders Association of Victoria said. “But we lament the virtual absence of urban development and planning, which appear to have dropped down […]