Final Payment in Victorian Building Contracts

Many homeowners are asked to pay the final amount even though defects still exist, without realising how much leverage they’re giving up in the process.

In this episode, we explain what triggers final payment, when owners are required to pay, how defects are meant to be handled, and what changes once the money is released. We also explore the risks of paying too early, and the consequences of refusing payment without proper grounds.

This episode is educational and designed to help Victorian homeowners better understand the end-of-build process so they can make informed decisions and avoid unnecessary disputes.