ABS Construction Cost Index

ABS Construction Cost Index

The ABS Construction Cost Index is proving useful to our members who wish to test the annual uplifts offered by strata insurers for the intervening years between the compulsory valuations. The bad news is the growing gap between the insurers’ inflated recommendations...
Insurance annual uplift – one owner’s victory

Insurance annual uplift – one owner’s victory

The ABS recently published the Index for the quarter ended December 2018.  Contrary to the annual uplifts of 5% being offered by most strata insurers, we are witnessing a sustained flat-lining in construction costs, similar to what we saw in the four years after the 2009 GFC.  The Index is proving useful to our members

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