Building Approval

It doesn’t seem that long ago we were talking about an oversupply of apartments across Sydney, South Melbourne, and Brisbane. However, a lot has changed in the past few years. The ABS October figures on building approvals show a seasonally adjusted estimate for total dwelling units falling by 8.1% in October. The graph below from…

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2019 in review

Our year started on a high, coming off the back of a massive win for MCG. Landing a position on the Financial Review’s top 100 of fastest-growing businesses, we hit the ground running! Mike Mortlock and Mitch Ford completed their much-anticipated triathlon, with over $2k raised for Heartkids, a charity helping those affected by congenital…

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Building Site

As part of the services of quantity surveyors, we are regularly commissioned to undertake progress claim assessments on behalf of financial institutions. During the last month, we have seen quite a common conversation held between ourselves and a client (developer) regarding the difference between our assessment of the builders claim and the amount that the…

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Fire Cladding

So on the ABC News website on the 16th July 2019, the headlines read “Flammable Cladding to be stripped from buildings under Victorian Government Plan”. It was the words of the state political reporter Richard Willingham that echoed the announcement of the Victorian Premier Daniel Andrews plan to announce the $600 million package to fund…

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Smart Investments

Those who know me, know I don’t mind a chat. Whiling away my time via the exchange of ideas is a joy. Best of all, it’s a move out of my professional comfort zone – a chance to expand the mind beyond ‘rates per square metre’ and legislative minutia. Economists, builders, buyer’s agents and investment…

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Insurance Calculators

In 2004, consumers responding to ASIC’s ACT bushfire survey, 2004, found that the level of under-insurance in Australia is high. Data collected found that in Australia: Between 27% and 81% of consumers were underinsured by 10% or more In 2005, the Australian Securities & Investments Commission, issued a report titled “Getting Home Insurance Right”. Within…

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Natural Disasters

Australian Research In 2000, the Construction Data division of Reed Business Information Systems (Reed) surveyed 1000 randomly selected homeowners. They concluded that: 87% of homes were under-insured by any amount The average level of under-insurance was 34% In 2002, the Insurance Council of Australia conducted a survey of seven companies sharing 80% of the home…

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Quantity Surveying

In a recent review for a client on their building insurance, our client witnessed first hand how easy it is to be under insured. In this instance, our client owned a 2,850 m2 industrial building in the north-west of Melbourne VIC. It was constructed of precast concrete walls to a height of 1800mm high to…

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