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Peter Gow says the changes will make a fairer and more equitable system. Photo: Attila Csaszar

Big builders facing insurance hike

Western Australia’s biggest builders are facing higher insurance costs, in some cases understood to be as high as 25 per cent more, as the Building Commission moves to reduce the reliance on taxpayers to foot the bill for failures in the sector.

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Revenue

6th↑Byrnecut$991.4m
7th-Navitas$960.4m
8th↓ABN Group$952.0m
9th-CFC Group$629.3m
10th↓Perron Group$605.6m
123 private companies - large ranked by revenue most recent financial year

Housing starts

1st-BGC Australia2,521
2nd-ABN Group1,703
3rd-Ventura Home Group897
4th-JWH Group733
5th-Scott Park Group654
41 residential builders ranked by no. of starts (2018/2019)

Number of Employees

Private Companies - Large