02/06/2026
Subcontractors are seeing the EOFY contract signing runway on steroids this year, and I blame the economic instability around fuel supply and material prices.
Is it the case that the builder's CA is suddenly really organised?
ABSOLUTELY NOT!
There is zero doubt in my mind that this is a strategy to get subbies locked into fixed price contracts moving into the new FY.
The problem is, in June, so many Subcontractors are still chasing their builder on money related issues, to tidy up their own EOFY.
Meanwhile, builders are actively trying NOT to approve variations, dreaming up money grab back charges and holding onto cash retentions until June 30 clicks over.
This means that while you should be planning forward by reviewing and negotiating the contracts that will set the tone for next year, your eyes are on the rearview mirror trying to work out what you've actually made this FY.
"Enough already Captain Obvious" - I hear you saying, so how do you fix this?
Well, the first solution is an Accounts Receivable Escalation Procedure that you implement ALL YEAR ROUND.
That way, when money games start in the EOFY runway, the builder picks on someone else.
The second part is reviewing and negotiating better contract terms.
Subbies Toolbox Members swear by this system. Builders treat them professionally when they can explain the departures they are asking for in their builder's contract, and why they are needed.
If the thought of another financial year with the same builder trickery, short payments and unfair contract terms makes you want to sell up and leave the country, then you've felt enough pain to make a change.
For 30 days I'm taking $2,600 off the annual Subbies' Toolbox Membership.
FY27 doesn't have to be the same. That's what the membership is for.
Check out the Subbies Toolbox Membership here: https://www.subbiestoolbox.com.au/toolbox