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Negative Gearing
There has been and will continue to be a lot of media commentary on the pros and cons of negative gearing in the lead-up to the next federal election. Master Builders is currently researching the economic impact of the various positions of the political parties.
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Fine Issued for Misrepresentation
An individual has been prosecuted by the Building Commissioner and fined $5,000 for offences his company committed while carrying out the fit-out of two commercial buildings in Belmont and Jandakot in 2013. Perth Magistrates Court found that the company implied it was a registered building contractor when it was not and carried out a prescribed building service without the required registration. The court heard the company had used another builder’s registration number to obtain building permits for the projects. This case serves as a reminder to registered parties to be fully aware of their obligations.
