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| 6 Jun 2013 Construction Starting Date
Defining the length of a construction period is not such a simple matter as it might appear. It is critical that you read your building contract carefully as the construction period probably does not commence from the date of contract signing. In order to determine the construction period, you need to make sure that you […]
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| 6 Jun 2013 Defects Liability
Under many building contracts, you have a contractual right to have defects addressed. The contractual rights can be exercised by the property owner, but not usually by a third party. There are general entitlements under the Building Services (Complaint Resolution and Administration) Act 2011 that allows a person to make a complaint about defective building work. […]
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| 6 Jun 2013 Environmental Due Diligence
Environmental Due Diligence is a key tool in managing risks prior to, or at the outset of projects. Key legislation, as it applies to the industry, includes the Environmental Protection Act 1986, Town Planning and Development Act 2005 and the Environment Protection and Biodiversity Conservation Act 1999. An environmental due diligence assessment defines opportunities and […]
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| 6 Jun 2013 Earthworks
Risk of Owner Earthworks Some home owners take on the task of organizing the earthworks and their certification themselves, rather than the builder charging for the responsibility. The aim of this is often to reduce building costs, removing these works from the contract with the builder. This in theory sounds fine, until you […]
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| 6 Jun 2013 Tips: First Home Buyer
First home buyer – tips Buying a first home can be a daunting experience. To make this process enjoyable, think about the following tips: 1. Read the contract carefully Make sure that you understand all the terms and conditions. If not, ask!! 2. Allow extra time for delays Despite the best intentions projects can run […]
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| 6 Jun 2013 Prefabricated Fencing
Prefabricated Fencing – New Innovation keeping with tradition When choosing a fence, builders and renovators need to consider the style of home they want to achieve and the purpose of the fence before being able to select the most suitable product on the market. Traditional fencing systems such as brick, timber or corrugated fences all […]
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| 6 Jun 2013 Financial Management
Construction companies need to carefully manage their business to address cash flow and other financial risks. There are a range of reasons why established businesses fail or suffer financial distress. These include a lack of adequate funding, a lack of an early warning reporting system, a failure to recruit quality personnel and a […]
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| 6 Jun 2013 Financing a Renovation
The first thing to consider when you decide to renovate is exactly how you want to enhance your home. It seems obvious, but making sure you have a clearly defined vision from the start will minimise the risk of getting carried away and allow you to stick to a budget. Once you decide on what […]
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| 6 Jun 2013 First Home Buyers & Incentives
There is a lot of assistance available to first home buyers from Governments. It is worth spending some time to carefully investigate the rebates and assistance available to you. First Home Owner Grant The WA Government’s First Home Owner Grant currently offers $10,000 to first home owners who purchase or build a new home, the […]
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| 6 Jun 2013 BCA: Class 1a vs Class 2
Classification of a building is of paramount importance for the viability of a project. Getting it right from the start will ensure you are not over or under-specifying your buildings. Large developments are sometimes classified incorrectly as Class 2 based on the scale, instead of the actual definition of the buildings of the development. This […]