What Tradies can do when Builders go under
Channel Nine News
The State’s building industry is in upheaval after the collapse of more than 20 construction companies in five years, owing subcontractors and unsuspecting clients tens of millions of dollars. It's a situation that is becoming all too common.
In the wake of Friday's collapse of high profile builders Millionaire Makeovers, NHBB Managing Director, Tristan Kirkham talks to Channel Nine News about what tradies and clients can do to protect themselves when a high profile builder closes their doors without warning.
"It was less than six months ago that NHBB were doing what they could to assist a number of people caught up in the collapse of another major project homebuilder". Tristan told reporter Jerrie DeMasi. "There are always plenty of victims in these situations but there are things a client can do to mitigate the risk. NHBB can help clients assess a builder’s capabilities and suitability to a project, their current financial stability and which builders are currently in dispute with the SAT, Building Commission".
Make it your business to know how secure a builder is. It's just one of the many benefits of getting independent advice before entering into a contract. Like we say, talk to us before you talk to a builder.
About the Author
Tristan Kirkham | Managing Director
Tristan has managed some of Australia’s major building companies, both project and private. His committment to customer service and providing market leading communication product for the home building industry has led to a role as regular Judge in the HIA Green Smart, HIA Kitchen & Bathroom Awards and the major Housing Awards. Winning multiple awards throughout his career in the housing industry, he is dedicated to improving the industry standards and practices. Tristan's vision is to provide a better way to build homes for all parties.