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Build Australia ·

Pressure mounts for probe into construction corruption in Victoria

ACCI and VCCI are jointly calling for a Royal Commission into corruption and criminal conduct in Victoria's construction industry. The push reflects growing pressure from business groups for formal investigation into sector-wide misconduct.

Will there be a Royal Commission into corruption in Victoria's construction industry?

Builders and subcontractors in Victoria could face increased scrutiny and regulatory change if a Royal Commission proceeds. Day-to-day operations, contracts, and industry conduct may all come under review.

Key takeaways

  • ACCI and VCCI are jointly calling for a Royal Commission into Victoria's building and construction industry.
  • The push targets corruption and criminal conduct within the sector.
  • A formal inquiry could lead to significant regulatory changes for Victorian builders and tradies.
  • Business groups are increasing pressure on government to act on long-standing industry misconduct concerns.
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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.

WAregulatorybusinessbuilding
Build Australia ·

South Yarra apartment owners urge government commitments over building defects

South Yarra Square residents at 100 Commercial Road are asking Prahran seat candidates to commit to helping owners with legacy building defects. The article excerpt gives no details on the defects or the costs involved.

Why it matters: Builders and trades that work on apartment construction and rectification may see more scrutiny of defects and possibly new government support or rules. Defect claims could mean more rectification work and liability exposure.

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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