Victorian SOPA 101

Throughout Australia, legislation exists to help contractors and sub-contractors protect their revenue streams and cash flow. Generally this is referred to as “Security of Payment” or SOPA legislation. In this article we’re going to give you a run down on how the Victorian SOPA regime works. In Victoria, the relevant legislation is called the Building … Read more

Security of Payment in Queensland – A 101 Guide

Security of payment in Queensland is aimed at facilitating fast payments for building and construction industry participants who have performed construction work or supplied related goods and services. The relevant QLD legislation is the Building Industry Fairness (Security of Payment) Act 2017 (Qld) (‘BIFA’). The BIFA proclaims its main purpose is to “help people working … Read more