Browse Forums Building A New House Re: Build cost increases - Brisbane 2Jun 27, 2021 10:27 am Designer,Engineer (Civil,Const & Envir),Builder,Concrete & Masonry Contract.Struct Repairs Re: Build cost increases - Brisbane 4Jun 28, 2021 12:20 pm Designer,Engineer (Civil,Const & Envir),Builder,Concrete & Masonry Contract.Struct Repairs Re: Build cost increases - Brisbane 6Jun 30, 2021 10:35 pm I don't know how much of an impact and how true it is but it seems like there is a shortage of supply of timber and steel. I was told that it is impacting the building business and the price increase has been significant. Re: Build cost increases - Brisbane 7Aug 06, 2021 2:48 pm All are commenting on delays. Some of the bigger spec builders have LOTS slabs poured but no timber steel frames we heard from a few sources. The ACCC has been inundated with complaints of price surges and if their contract holds prices or not. Re: Build cost increases - Brisbane 8Aug 06, 2021 5:47 pm Yeah, I know the prices have risen and there's a lot of delays, but there's a lot of different sources giving different numbers. MBQld says around 10% (https://www.mbqld.com.au/__data/assets/ ... ch2021.pdf) but that's from March and it only appears to have gotten worse. The June release (https://www.mbqld.com.au/__data/assets/ ... ne2021.pdf) doesn't have any contract prices. Meanwhile the ABS puts build price increases at a negative, or about 2.2% excluding the effects of homebuilder... I would like them to stop hogging the joint... Re: Build cost increases - Brisbane 10Aug 07, 2021 11:01 am Ha the builders lobby group can put out whatever graphics they want to justify increasing their prices If the slabs down they are breaking the fixed price contract in withholding services while demanding additional costs, and if they go bankrupt they can join all the others Tough love Designer,Engineer (Civil,Const & Envir),Builder,Concrete & Masonry Contract.Struct Repairs Re: Build cost increases - Brisbane 11May 09, 2022 6:37 pm We get asked almost every day if a builder can increase the price of a fixed-price building contract. In most cases the answer is “no”. But there are a few exceptions. In most cases, unless your building contract allows for it, a builder may not pass on material and labour price increases to the owner in a fixed-price building contract. We have an article here which answers the question - https://stonegatelegal.com.au/price-inc ... racts-qld/ Re: Build cost increases - Brisbane 12May 09, 2022 7:03 pm Stonegate Legal We get asked almost every day if a builder can increase the price of a fixed-price building contract. In most cases the answer is “no”. But there are a few exceptions. In most cases, unless your building contract allows for it, a builder may not pass on material and labour price increases to the owner in a fixed-price building contract. We have an article here which answers the question - https://stonegatelegal.com.au/price-inc ... racts-qld/ This is a really tough issue, as whilst I agree in practice they can't & shouldn't put the price up, this needs to be weighed against the cost of trying to find another builder to finish the project once the first builder has gone broke. There is no easy answer to this one as there is nothing worse than having your builder go into liquidation halfway through a job and then trying to find someone else to finish it, and off course all of the legal fees and downtime. No easy black and white answer unfortunately cheers Simeon Architectural Homes & Duplexes - specialising in custom designing homes to your budget Get a Free Onsite Consultation Today or send a PM for information, questions or advice. Give "Holt Surveying" they are based around Eight Mile Plains 3 8740 The last home I lived in didn't have a pool and when i went to sell it the agents were not happy, even telling me to put one in to sell the place. The agents weren't happy… 2 4239 Hello Josh, This is Irving from PRIMA, we are a manufacturer of the staircase, railings, kitchen cabinets, windows, doors from China. If you have requirement to purchase… 0 5457 |