The recent announcement from Victorian state Finance Minister Robert Clark that the government in his state will drop the controversial Last Resort Warranty Insurance regime and that consumer protection arrangements will instead be governed under a new one stop shop system to be phased in via a two-stage process over the next 14 months is long overdue and more than welcome.

Under the new system, from July 1 this year, early mandatory intervention in a building dispute will be available to either the consumer or builder that will deliver a binding decision on the dispute. The second stage implemented on July 1, 2015, meanwhile, will finally see the removal of Last…