Mon, May 5, 2026 · Vol. XII, No. 124 Today's Paper Newsletters Subscribe
Latest Investigation
Industry Practices | Investigation

The fixed-price quote is broken. Here's what Australian builders won't tell you about the number on your estimate.

An investigation into how a growing share of residential builders quote a lump sum to win the job, then walk it up 20-40% mid-build using provisional sums, latent-conditions clauses, and quietly-rewritten variations. After Porter Davis and Metricon, homeowners thought the industry would clean itself up. The contracts haven't changed.

A residential Australian kitchen mid-renovation, with exposed timber framing and dust sheets visible. Editorial illustration.