Commercial Contractor Benchmarking Tool

Master Builders has just launched a new commercial contractor benchmarking tool which will allow members to measure their business operations against their industry peers.

The tool will be made available to all Master Builder General Contractor members at no cost, and will allow all participants to assess their quarterly performance on a range of key business indicators such as:

- Operating revenue (Residential, commercial and industrial)
- Direct costs (Salaries, payroll, superannuation and overtime)
- Overheads (IT, estimating, tendering, legal and insurance);
- Working days lost (Injury and strike action);
- Staffing levels (FT / PT and onsite / offsite);
- Number of active projects; and,
- Operating and financial data (Assets, Liabilities and Equity)

A short online video outlining our new business initiative can be viewed at these two sites:

http://www.vimeo.com/12665838

http://www.youtube.com/user/mbav1875

Is this kind of service of interest to you?

Please tell us your thoughts.

Congratulations Prime Minister Gillard!

Master Builders has congratulated the Hon. Julia Gillard on her elevation as Leader of the Australian Labor Party and as Prime Minister of Australia.

Julia Gillard is Australia’s first female Prime Minister and her elevation is truly historic.

What do you think about this momentous achievement?

Do you think it will have any impact on the building and construction industry?

Please tell us your thoughts.

Campaign to Slash Stamp Duty

Master Builders has called on the State Government to scrap their metropolitan and regional ‘first home’ bonus schemes in favour of stamp duty cuts for ‘new home’ construction.

In metropolitan Melbourne, Master Builders is calling for a stamp duty cut of $10,000 for ‘new home’ construction under $500,000, with a strong emphasis on dual occupancy and medium density development.

In regional Victoria, Master Builders is calling for a stamp duty cut of $20,000 for ‘new home’ construction under $500,000, to channel population growth and boost regional economic activity.

Master Builders believes Victoria’s costly stamp duty regime undermines housing affordability by directly adding to the cost of housing. This policy proposal will tackle this problem head on.

What do you think?.