Residential building work, which is to be carried out by a licensed builder and is valued at over $20,000 will need to be covered by Builders Warranty Insurance.
For residential works over $10,000 carried out by an owner builder, an Owner Builder Permit is required to be obtained from the Department of Fair Trading. A copy of this permit must be supplied to Council or an accredited certifier before the construction certificate is released.
If the value of the building work exceeds $25,000 you will also need to pay the Long Service Levy which is 0.35% of the total cost of the work. Council collects the Long Service Levy on behalf of the State Government.