The developer bond has a clear start date.  Decennial insurance does not, and that gap may matter. Victoria is introducing two new protections for defects in residential apartment buildings of over three storeys:  A developer bond scheme and a decennial insurance (DI) scheme. On paper, they are designed as alternatives to each other. In practice,...

When the builder goes under, the fine print is the only thing left standing. Roughly 2,000 homes under construction and over 13,000 more in the pipeline. That is the scale of the collapse of Sydney developer Bathla Group, which entered voluntary administration in late August of this year. Buyers who paid deposits are waiting to...