Victoria’s State Insurer Mandates Lowest-Cost Builders Amid Industry Crisis 🏚️

Families in Victoria are being pressured by the state-run building insurer to accept the cheapest replacement builders after multiple building company failures. Learn what this means for homeowners and the future of building standards.

Victoria’s State Insurer Mandates Lowest-Cost Builders Amid Industry Crisis 🏚️
ABC NEWS (Australia)
5.3K views • Jun 17, 2024
Victoria’s State Insurer Mandates Lowest-Cost Builders Amid Industry Crisis 🏚️

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Victoria's state run-building insurer is forcing families to accept the lowest-cost replacement builders following a string of building company collapses, causing more distress, and leaving some homeowners hundreds of thousands of dollars out of pocket.

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5.3K

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2:59

Published

Jun 17, 2024

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