Yearly Archives: 2011

Today Tonight

Today tonight presents a Consumer’s home as their biggest financial investment of a lifetime and asks is their new home protected by any warranty at all?

The answer is “No” (more…)


Government and insurers face class action over dodgy warranty scheme

EXCLUSIVE: HUNDREDS of small family owned Australian builders are facing extinction because of Builders Warranty Insurance, according to a survey of over 1000 builders by PropertyReview.com.au conducted over the past month.

Builders in both Victoria and NSW are facing the increasing dilemma of not being able to get warranty insurance because thousands don’t meet new exacting insurance companies criteria. Insurance companies take none of the risk on warranty insurance and in fact are ‘illegally’ making builders sign indemnities where they personally face the total risk of the worthless insurance. (more…)