Scoring the builders: New financial health tool in the works

Scoring the builders: New financial health tool in the works
Master Builders and CreditWorks are developing a financial health tool for builders. (image: Jason Oxenham)
Maria Slade
Building industry body Master Builders and credit bureau CreditWorks have joined forces to create a tool for checking the financial health of builders.The initiative will give Master Builders members a financial rating that goes beyond their credit history and analyses their financial metrics to provide a comprehensive picture of their wellbeing.The aim was to help iron out the boom-and-bust nature of construction and create more resilience and maturity in the sector, Master Builders chief executive Ankit Sharma said.“Then hopefully next...

More Property

Precinct to make a call on fast-tracking Downtown
Property

Precinct to make a call on fast-tracking Downtown

The property developer could apply for fast-tracking, or stick with the traditional route.

Maria Slade 20 Feb 2025
Vital Healthcare dual listing off the agenda, for now
Property

Vital Healthcare dual listing off the agenda, for now

Easing interest rates feed into the medical property investor's improved result.

Maria Slade 20 Feb 2025
Wolfbrook buys Du Val property management business
Property

Wolfbrook buys Du Val property management business

But property owners want the same favourable terms they had under Du Val.

Maria Slade 20 Feb 2025
Digitising a property's development potential
Property

Digitising a property's development potential

For $49, a new service creates an instant report on what you can do with your section.

Maria Slade 19 Feb 2025