From 1 July 2024, there are new changes to the statutory trusts framework in the Building Industry Fairness (Security of Payment) Act 2017 (Qld) (‘SOP Act’).
Recent decisions in the Federal Court have clarified the timing requirements for an employee’s final pay and the applicable penalties for non-compliance.
Has the Queensland Court of Appeal just decided that a common way of submitting payment claims is, in fact, invalid and contrary to the requirements of legislation?
In the fast-paced construction industry, slowing down might just save you in the long run. Taking the time to set up risk management systems and infrastructure is crucial to protecting the value - and helping the long-term profitability - of your construction company.
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.
