Best Practice in Security of Payment Laws Has Been Defined
“At noon last Friday, instead of receiving nearly $76,000 from a major client, we were given – two minutes before it (the client) closed before the...
The Security of Payment Act and its Important Consequences
The Security of Payment Act is meant to be critical for builders to get paid for construction works that they do.
Building Contracts – Important Things to Look Out For
If you are about to enter into, or have already entered into, a building contract in relation to a residential building, there are some critical things...
The Sleepwalking States: Why is Security of Payment Going Ignored?
What is happening in Tasmania, South Australia, and the ACT?
Security of Payment Claims Myths
I often come across contractors who tell me about the claim they just served, or ask me questions about the claim they’re about to serve.
How to Bust Creeping Cost “Ghosts” on Construction Projects
It seems that in every building or construction project, there are hidden items that end up costing someone on the project more than they had planned.
Security of Payment: Why Not a Single Act for the Whole Country?
A single version of the Security of Payment Act is a mirage of wonders lingering on the horizon. Could it happen? It seems so.
National Security of Payment Approach Would Protect Subcontractors
Late payments, non-payments and insolvencies have been long standing blights on the Australian building and construction industry. Fire protection contractors have been in the front line...
Federal Security of Payment: Confusion Reigns
A single version of the Security of Payment Act is a mirage of wonders lingering on the horizon. Could it finally actually happen?
Blockchain will Revolutionise Australia’s Property Sector
In commercial leasing, one set of processes which creates headaches for all involved is the current paper based system of arranging bank guarantees for landlords in...
ABCC Launches Campaign to Help Secure Subcontractors’ Payments
Australian Building and Construction Commissioner Stephen McBurney today launched a national campaign aimed at security of payments for subcontractors in the building and construction sector.
Fed's seek Input for Prompt Payment Legislation
The federal government has called for industry input and recommendations on proposed prompt payment legislation.