New homes guarantee:
The Green Box^TM Guarantee

The Guarantee covers residential building work with a contract price of $25,000 and over and cover full-contract, labour-only and managed labour-only work carried out by a Registered Master Builder. Work by subcontractors, as well as materials and rot is covered. Conditions apply.

Covers you for:

• Defect in Materials* and Workmanship and Structural Defect: Protection against any defects in workmanship and materials*, or structural elements, for two years after completion of the building.
• PLUS Structural Cover: Cover for defects in specific structural elements of the building work, after expiry of the Materials, Workmanship and Structural cover, for a total cover of ten years from acceptance of the Guarantee.
• INCLUDING Rot and Fungal Decay:Cover for properties where the design, materials and construction achieve a score of 12 or less based on the E2/AS1 Risk Matrix**.
  • Materials which have a current certificate of accreditation or product certificate issued under the Building Act, or which, in Master Build Services’ opinion, comply with an appropriate Australian or New Zealand standard.
  • The E2AS1 is the Department of Building and Housing’s Acceptable Solution for Building Code clause E2 External Moisture. It incorporates a Risk Matrix which is a design tool that allows designers to analyse the weather tightness risk of a particular building design.
• For protection against loss of deposit, non-completion, defective workmanship, rot and structural defects, or if your builder is unable or unwilling to put things right. (please note – ahem, we don’t sit in this category) The Master Build Guarantee covers you for things out of your control.