Economic Information

2018

State Budget: Big investment, only part of the solution

“We applaud the Treasurer of Victoria on the record $13.7 billion commitment in 2018-19 on our state’s infrastructure—taking the average infrastructure spend...

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Victoria’s economic strength lies in healthy focus on building and construction...

The Victorian economy remains robust, with the latest economic data showing the state is exceeding the national average across all economic indicators.

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Victorian Building and Construction Industry Outlook

The latest economic report for Victoria is now available. Victoria’s economy remains upbeat, with indicators showing the state experiencing economic growth,...

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Is it time to take the next step and start your own business?

Working as a tradie in the building and construction industry provides you with a wide range of opportunities, experience and jobs. Whether it’s doing a bathroom...

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March 2018 EBA wage increase

The requirement to pay a wage increase from the first pay period commencing on or after (ppc) 1 March 2018 applies only to employers covered by either CFMEU Pattern...

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Infrastructure Australia report highlights Melbourne tipping point for planning

The report shared by Infrastructure Australia today about the future of Victoria and Melbourne places the city’s livability conditions at the forefront of issues...

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Professional indemnity insurance revisited

With many residential builders now involved in sourcing designs, and design and construct contracts becoming increasingly common in the commercial sector, it’s...

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Helpful tips for a strong start to 2018

If last year proved to be a good one, but you believe there is room for improvement in 2018, I suggest following this short but useful three-tip list that addresses...

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Economic report: building and construction in Victoria

The latest economic report for Victoria is now available. Highlights of the report appear below, with the full report available here.

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2017

Security of payment over the holidays

Payment claims under the security of payment legislation are often served during the Christmas-New Year shutdown period. Commercial contractors and domestic builders...

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Positives and highs characterise survey for Victoria

The latest results from the Master Builders National Survey show a positive outlook for Victorian business confidence, with business conditions at a decade high.

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Construction loan challenges facing your clients

There are a lot of changes in the lending arena that have resulted in consumers having to struggle to obtain finance. This is especially true for investors wanting...

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Use your mbfs credit advisor to renegotiate your mortgage interest

Master Builders Financial Services’ clients have been able to renegotiate their mortgage interest rates by allowing their MBFS credit advisor to do this on their...

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Planning urgency missing from government’s infrastructure response

“We applaud the Victorian government’s commitment to infrastructure in the release of their five-year plan, citing urgent road projects including North East...

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Planning urgency missing from Government’s infrastructure response

“We applaud the Victorian government’s commitment to infrastructure in the release of their five-year plan, citing urgent road projects including North East...

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Economic update: unprecedented population growth spurs on Victorian building...

Economic growth topped 2.1 per cent in 2016-17 and is expected to increase to 2.7 per cent in 2017-18.

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Economic update: unprecedented population growth spurs on Victorian building...

• Economic growth topped 2.1 per cent in 2016-17 and is expected to increase to 2.7 per cent in 2017-18. • The combined wealth of the 9.23 million Australian...

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Use your MBFS credit advisor to renegotiate your mortgage interest

Master Builders Financial Services’ clients have been able to renegotiate their mortgage interest rates by allowing their MBFS credit advisor to do this on their...

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Master Builders joins premier in supporting jobs pipeline for Victorians

“Master Builders is pleased to have been able to join Premier Daniel Andrews at the state government’s Victorian Jobs Partnership to continue our efforts in...

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Master Builders makes recommendations for enhancing Victoria’s economic...

Master Builders has made its recommendations to the Premier’s Jobs and Investment Panel in a paper entitled Enhancing Victoria’s economic performance and productivity:...

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Special loans available to the building and construction industry

In light of the many changes from banks and lenders, I thought it relevant to identify some of the unique loans still available for our industry!

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What does the federal budget mean for you?

Master Builders welcomes the measures in the 2017/18 Federal Budget designed to increase housing supply and address the housing affordability crisis, fund critical...

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EPA fines underscore the importance of proper paint..

Recent EPA fines are a timely reminder that paint waste disposal needs to be done properly.

Notice of union rally on 23 October 2018

The rally is part of the ACTU’s ‘change the rules’ propaganda campaign.

Peter Sackett

Media and Communications Adviser 332 Albert Street East Melbourne VIC 3002 Phone: 0466 777 059 Email: psackett@mbav.com.au