For subcontractors within the construction sector in New South Wales, experiences such as that of Michael Ryan have become all too common in recent years.

According to an Illawarra Mercury report in 2012, Ryan first lost $280,000 on a contract to turn a Mittagong property into a wellness centre and subsequently lost $360,000 on a job through which he was contracted by now liquidated NSW building outfit Kell & Rigby to carry out earthworks for…