Huge fines or jail time for Project Bank Account Breaches

By Michael Batch and Andrew Mewing A failure to comply with the obligations prescribed in the BIF Act can result in huge fines or even jail time. In the below table we summarise both the key obligations and the respective penalty. To see if these penalties could potentially apply to you or your business, you […]

Caught by the Project Bank Account legislation?  What now?

By Michael Batch and Andrew Mewing In our last article we discussed the circumstances in which Qld’s Project Bank Account legislation could apply to a head contractor. Below, we take a detailed look at the steps the relevant head contractor must take to establish and then operate their PBA. Setting up the PBA The head […]

Does Qld’s Project Bank Account legislation apply to you?

By Michael Batch and Andrew Mewing Big news for the Queensland construction industry: It is expected that the Building Industry Fairness (Security of Payment) Act 2017 (the BIF Act) will be  proclaimed into law in the first half of 2018. The BIF Act incorporates: Project Bank Accounts (PBAs); a revised version of the Building and […]

Into 2018 – Hurdles and Opportunities for the Construction Industry in Qld

By Michael Batch It can be risky to speculate too much about what’s going to happen tomorrow, let alone over the next 12 months. At best, you can get the occasional “I told you so” and at worst you look like a fool. That said, when you work day to day inside a regulated industry […]

7 Ways to Spot a Deal You Should Walk Away From

By Andrew Mewing and Chris Hargreaves Sometimes, the best contracts are the ones that you never sign. But how can you tell the difference between those and your next big break? Fear not – we’ve got you covered. Of course, there are no hard and fast rules, and the reality is that no contract is […]

A Year in Review – Batch Mewing Turns One…. And a bit

A little over 12 months ago, Batch Mewing opened its doors. Like many new ventures, at the time we took the plunge, we really weren’t 100% sure what was going to happen next. Walking Into the Unknown We did know a few things, or at least we thought we did. We knew that we wanted […]

Are you Missing Important Issues while you Focus on Limitation of Liability Clauses?

Written by Andrew Mewing I wrote a LinkedIn post the other day about the receivers for Airport Link claiming $2.2 billion in damages from the engineers for allegedly misleading or deceptive traffic projections. Despite the big claim, it was reported that the engineers are relying on a limitation of liability clause, asserting that their liability is […]

5 Times you Shouldn’t Issue a Statutory Demand

By Chris Hargreaves You probably know by now that Statutory Demands are pretty awesome, right? I mean, of all the recovery options you have available to you the statutory demand offers massive pressure on the other side, with limited cost. It seems like a no-brainer, doesn’t it? Wrong. Issuing a statutory demand in the wrong […]

PPSA Fundamentals for the Construction Industry

By Chris Hargreaves Used correctly, the Personal Property Securities Act (PPSA) can offer a lot of protection for subcontractors, contractors and principals. But if the PPSA is ignored or misunderstood, the result can be an epic nightmare the likes of which could destroy your business. This guide is to help you avoid the nightmare. What’s […]

BIF Bill – A magic pill for the Qld construction industry?

By Michael Batch The Queensland Government is again attempting to fix the cash flow and insolvency issues facing the construction industry. The question is whether the latest round of legislation will be the ‘magic pill’ to resolve these issues.  Will it meet the Government’s promise to usher in a “new age of fairness” in the […]