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ARTICLE · 13 SEPTEMBER 2023

A guide to standard form home building contracts

Discusses each of the common standard form contracts- HIA, Master Builders, Fair Trading & ABIC

AustraliaReal Estate and Construction

Standard form home building contracts are commonly used for residential building work throughout Australia. They play a vital role in protecting the interests of both homeowners and builders during construction projects in Australia.

Understanding the features and potential risks associated with each contract, such as those provided by Housing Industry Association (HIA), Master Builders Association, NSW Fair Trading, and Australian Building Industry Contracts (ABIC) is essential for making informed decisions and ensuring a successful and low-stress building experience.

Before signing a standard form building contract, it is crucial to ensure that you understand the terms fully and ensure that your rights and interests are adequately protected. Each of the common standard form contracts are discussed below:

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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