We have previously touched on the new Building Industry Fairness (Security of Payment) Act 2017 (“the BIF Act”) and summarised some of the changes effected by its introduction. The following article will explore how progress payments are claimed unde…Read More
Posts tagged "Building Industry"
In 2017, the Queensland Parliament passed legislation to reform many aspects of the building and construction industry. Although the Building Industry Fairness (Security of Payment) Act 2017 (“the BIF Act”) commenced on 10 November 2017, many of the…Read More
There has been a substantial increase in insolvency in the building and construction industry, and with the significant pressure placed on builders, there is little surprise. Builders – both sole traders and construction companies – are required to manage sub-cont…Read More