Hi All I'm just wondering if there is anybody here experienced in the world of house and land packages - namely the interactions behind the scenes between Land Developer and Builder when they are two separate entities and not in partnership. An example may be; Stockland as the Land Developer. Developing and selling 2000-3000 blocks over a number of years and John Smith Construction (small to medium size builder) who is selling house and land packages in this development, say about 10 maximum. I understand that these arrangements can all be different however what is most common arrangement between both parties in a situation like this? For example, the builder obviously does not purchase these blocks up front? or do they? do they typically get a discounted rate for higher volume than a one off consumer? do they place deposits (5%-20%) or is it just a contractual hold for say 90 days and then the contract is void if they don't exchange by then? If anyone can shed light from their experience with the industry that would be helpful. Thank you in advance.