Posted on 6th Nov 2011 @ 9:25 AM

In 2006, the Australian Institute of Architects reported that 130,000 Australian homes were attacked by termites in a year. If we multiply the average cost of repairs of $7000 by 130,000 homes, the result is a staggering figure, close to $1 billion a year!

And that was 2006.

The rate of termite attack as not slowed.

The costs of both professional pest control, tradesmen and building materials haveincreased and so that figure is pushed up to around $1.5 billion a year in 2011.

Read more here: Termite cost