In June 2020 the Design & Building Practitioners Bill came into effect in NSW. The bill will enable apartment owners to seek damages for building defects in apartment complexes as the new legislation places an all-encompassing ‘duty of care’ on builders and...
We regularly see statistics that are put forward to add weight to a story line and the property market is no exception. Auction clearance rates are one such example, but another recent comparison might reveal a more positive sentiment in the market. When a vendor is...
The Queensland Government is running a tight COVID-19 ship with borders still closed to interstate travel even though the total infection rate on the 4th June was just 3 people. With a population of 5 million, that’s an infection rate of one in every 1,600,000 people....
More than nine out of every ten business in Australia are small businesses. They account for 33% of Australia’s GDP and employ over 40 percent of Australia’s workforce. Deposit Power is one such business. Despite small businesses significant contribution to the...
The Chief Executive of the Master Builders Association Denita Warn recently stated that the residential construction industry is facing a ‘valley of death’ if there was not a major initiative implemented to support the industry by the Federal Government. The...
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