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
Nobody went to primary school careers day saying “when I grow up I want to administer paperwork in a timely fashion”. That said, it’s part and parcel of any construction project, large or small. And as we’re about to explain, possibly the worst thing you can do from here on in is put a payment … Read more
One of the principal features of a payment claim under the Building and Construction Industry Payments Act (BCIPA) has always been that it’s conspicuously endorsed as being a payment claim. Until now. From 17 December 2018, payment claims in Queensland no longer need that endorsement. At first glance, this might seem like a minor change. … Read more
A recent report commissioned by the Federal Government has made significant recommendations about Security of Payments (“SOP”) Legislation throughout Australia. John Murray AM, a distinguished adjudicator and former head of Master Builders Australia, has performed a comprehensive review of Australia’s SOP laws. His review offers 86 recommendations to address the limitations of the current SOP … Read more