Critical Things to Know About Security of Payment
Amid ongoing controversy surrounding insolvency levels within the building sector, ways in which security of payment (SOP) legislation could be reformed to facilitate freer cash flow...
More Bad News For Bob Day’s Creditors
Every creditor of former senator Bob Day's home building group except National Australia Bank is likely to come away with nothing, liquidators say.
Stop Wasting our Money on Poor Infrastructure Decisions
Australians have paid $28 billion more than they budgeted for on transport infrastructure because of government reliance on outsourced advice.
Building Insurance: What Level of Cover Do You Require?
We all need building insurance, whether that be for residential, investment, commercial or government buildings, but how much insurance should we be allowing for?
Are Security of Payment Laws Being Weakened?
At first glance, when you look around the political landscape, ideas about security of payment legislation in Australia being weakened or undermined might appear to be...
Industry Places Faith in Infrastructure Spending: RICS
Nearly 60 per cent of Canadian construction professionals recently surveyed expect infrastructure activity to drive growth in construction output over the coming year, reports the Royal...
Payment Relief for Contractors Coming
A bill has been introduced in the Senate that would ensure contractors and sub-contractors on federal construction projects are paid promptly.
Is NSW Security of Payments Act Delivering for Subcontractors?
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.
NAB's 'Introducer Program' Under Spotlight
National Australia Bank paid thousands of people about $100 million in commissions to "introduce" potential customers to the bank, an inquiry has heard.
Fed's seek Input for Prompt Payment Legislation
The federal government has called for industry input and recommendations on proposed prompt payment legislation.
NAB Will No Longer Back New Coal Projects
National Australia Bank says it will stop lending for new thermal coal mining projects, becoming the first major Australian bank to phase out support for the...