Comsec released their quarterly State of the States report this
week confirming what many of us were suspecting: Sydney is
building...big time.
In NSW, construction work completed in the June quarter was up
20.6% on the decade average and was 12.7% higher than it was a year
ago.
Unfortunately, an increase in building rates may mean increased
disputes between builders and clients. Building or renovating your
own home is an exciting, creative and often once in a lifetime
experience. Given the importance of such an event, it is extremely
worthwhile having an understanding of what to do if things go
wrong.
During the course of a build, it is not hard to imagine how
disputes and disagreements between a client and builder may arise.
If a builder believes they are entitled to a certain payment under
the contract, and a client disagrees, the parties may find
themselves at loggerheads. This scenario is all too common in
residential building disputes.