My 3 PPORs in Sydney have all had evidence of past termite activity. I didn't get building reports, but could see it myself. And if I couldn't see it, I would have suspected it.
Scott
If I had a building report done on a house in some parts of Sydney and it came back NOT mentioning termites, I would be suspicious and think the bloke hadn't done a proper job.
No reason to walk away after reading that.