Latest figures show July 2021 saw 72 construction companies across Australia entering external administration, much fewer than usual for this time of year.

July is normally the busiest month of the year for construction insolvencies with an average of 145 construction companies entering external administration each July since 2013.

The July 2021 figure was still higher than 12 months ago, but insolvencies fell sharply compared with June 2021.

Construction insolvencies in Victoria fell by 30.8 per cent for the month.

The volume of engineering construction work done in Victoria grew by 6.7 per cent during the June 2021 quarter but is still down (-6.1 per cent) on this time last year.

In total, the volume of engineering construction work done was valued at $4.4 billion during the June 2021 quarter.

Over the past 20 years, an average of $3 billion worth of engineering construction work has been done in Victoria each quarter across Victoria.

Master Builders Victoria is excited to announce the 2021 Master Builders Victoria North East Regional Residential Builder of the Year and showcase the excellent achievements of our residential Regional Master Builders Members. 

The North East Regional Residential Builder of the Year was awarded to Scott James Builder for its East Albury project.

Master Builders Victoria CEO Rebecca Casson congratulated Scott James Builder on their well-deserved achievement. 

Master Builders Victoria is excited to announce the 2021 Master Builders Victoria South West Regional Residential Builder of the Year and showcase the excellent achievements of our residential Regional Master Builders Members. 

The South West Regional Residential Builder of the Year was awarded to JM Homes Surf Coast for its Portarlington project. 

Master Builders Victoria CEO Rebecca Casson congratulated JM Homes Surf Coast on their well-deserved achievement. 

From any angle, Ms Casson said this home had stunning visual appeal.

Master Builders Victoria (MBV) will be hosting the Treasurer of Victoria, Tim Pallas, in a forum on Tuesday 28 September to update the industry on the current situation with key supply shortages impacting the building and construction sector.

The Treasurer will be joined in the online discussion by the Commissioner for Better Regulation and Red Tape Commissioner, Anna Cronin, along with industry representatives including builders, retailers, and suppliers.

Master Builders Victoria (MBV) is disappointed by the Victorian Government’s decision to shut down the building and construction industry across metropolitan Melbourne, Geelong, Ballarat and the Surf Coast and Mitchell Shires from 11.59pm on Monday 20 September 2021.

MBV CEO Rebecca Casson said it was a bitter blow for the vast majority of building and construction industry businesses which have done the right thing over the past 18 months, and particularly disheartening for those workers who have been vaccinated.

Master Builders Victoria (MBV) has welcomed today’s announcement by the Victorian Government to introduce mandatory vaccinations in the building and construction industry.

To continue working, construction workers state-wide will need to show evidence to their employer that they have had a first dose of the COVID-19 vaccine by 11:59pm Thursday, 23 September.

Limited medical exemptions and proof-of-booking exceptions will apply, in line with previous requirements for residential aged care workers.

Master Builders Victoria and the Property Council have welcomed the Victorian Government’s announcement to boost building and construction workforce vaccination rates and undertake a four-week compliance and enforcement blitz to ensure worksites are properly implementing COVIDSafe measures.