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Sourceable ·

Labor to bury Infrastructure Victoria

Victoria's Labor Government plans to scrap Infrastructure Victoria, the independent body that advises the state on infrastructure planning and priorities.

What does scrapping Infrastructure Victoria mean for builders and contractors in VIC?

Builders and civil contractors in Victoria may lose a key independent voice on infrastructure projects, potentially affecting future pipeline visibility and project planning.

Key takeaways

  • Victoria's Labor Government is moving to shut down Infrastructure Victoria, the state's independent infrastructure advi…
  • The scrapping removes an independent check on how the government prioritises and plans major infrastructure spending.
  • Builders and contractors who rely on infrastructure pipeline forecasts may face less transparency in project planning.
  • No replacement body or alternative advisory structure has been mentioned in the announcement.
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Build Australia ·

WA passes new payment protection laws for subcontractors

Western Australia's Parliament has passed new payment protection laws for subcontractors. The changes, made through an amendment to the Building and Construction Industry (Security of Payment) legislation, aim to give subcontractors stronger protection against insolvency.

Why it matters: Subcontractors in WA, including plumbers, electricians, carpenters and other trades, get stronger protection if a head contractor becomes insolvent. This could reduce the risk of unpaid work and cash flow problems.

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Master Builders AU News ·

ATO ramp up of small business debt collection

Master Builders Australia has published a news item saying the ATO is stepping up its debt collection against small businesses. The text provided gives no further detail on the measures, timing or amounts.

Why it matters: Builders and other trade businesses with outstanding tax debts may face firmer ATO collection action, which could strain cash flow. Details are not in the source text, so check the ATO or Master Builders directly.

taxbusinessregulatorybuilding
Master Builders AU News ·

Builders Oppose Proposed Jobs Framework and Supplier Code

Master Builders Australia opposes the proposed Secure Australian Jobs Framework and changes to the Commonwealth Supplier Code. The article excerpt gives no further detail on what the proposals contain.

Why it matters: Builders and contractors working on or seeking Commonwealth-funded projects could face new employment and supplier requirements. The practical impact is unclear until details of the proposals are released.

buildingregulatorybusiness