In light of the COVID-19 coronavirus pandemic, the Australian Government has proposed the Coronavirus Economic Response Package Omnibus Bill 2020 (Bill). The Bill aims to assist Australians cope with the pandemic’s widespread impact by providing for a range of measures to lessen the economic and financial burden caused by the virus. These amendments include a temporary extension […]
A subcontractors’ charge (Charge) given under the Building Industry Fairness (Security of Payments) Act 2017 (BIF Act) provides a way for subcontractors to secure payment of amounts owed to them under a contract by someone who is higher in the contractual chain. A Charge can also attach to security held under such a contract. For example, if[…]
The Christmas and New Year’s holiday is fast approaching and can be a well-deserved break for those in the building and construction industry. Unfortunately, deadlines which fall on or around this period can be a potential source of stress, confusion and conflict for owners, developers and contractors alike and if missed, can result in financial burden. In[…]