A broad range of construction industry participants will have new obligations regarding non-conforming building products under recent law reforms in New South Wales. The new laws impact all persons in the “chain of responsibility” for a product – including designers, manufacturers, engineers, architects, suppliers, developers, and builders.
Insolvency in the construction industry is on the rise. It should come as no surprise then that liquidators will reach for the low hanging fruit of an unfair preference claim to claw back payments from unsecured creditors.
The Government has now passed the rest of its Fair Work Act amendments, including the controversial “right to disconnect”. This article summarises the most recent changes that will affect all employers, and the changes from late 2023 that are rolling out in 2024 and beyond.
In the construction industry, typically provision of security flows upstream – that is, the subcontractor gives security to the head contractor who gives security to the principal. But what about the other causes of catastrophic failure, such as the principal going under or refusing to pay outstanding sums? These tend to be a common catalyst for extreme financial pain for everyone else on the project.
In the bustling world of construction, where projects come in all shapes and sizes, establishing a solid foundation for your construction business is crucial. One often-overlooked but vital tool in achieving this is the shareholders agreement.
There has been a lot of commentary around the so-called “Same Job, Same Pay” legislation, much of it trying to stir up concern and fear among business owners around the country. But is it actually as bad as some people have been saying?
The construction industry in Queensland is heavily regulated, including the extensive builder licensing system. Generally, the unlicensed company will bear the impact of performing unlicensed building work. However, the directors and senior management of building companies may be personally liable for the company’s breach of licensing requirements.
