Metricon is the country’s largest residential home builder, and credits itself as ‘”Australia’s most trusted choice”. According to an ABC report, Metricon has terminated dozens of fixed-price contracts and asked customers to sign new contracts for substantially more. The major homebuilder has also stopped paying some agents’ commission fees, without explanation.
Metricon is the only builder to appear on the NSW watchdog’s complaints register this year.
Worth underscoring its important to read the small print in construction contracts, at a time when building failures are rising, thanks to the profitless boom created by poor policy and low interest rates.
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