Security of Payment Report
Today, the Society, through its Australian Legislative Reform Subcommittee, released a report on Security of Payment in Australia. The report, entitled 'Report on Security of Payment and Adjudication in the Australian Construction Industry' calls for the introduction of a uniform Security of Payment Regime around Australia (based on the West Coast model).
The report, which was recently made available to members of the Society, was the subject of a media release today, The media release can be viewed here.
Copies of the report are being distributed to key political leaders around the country and to key industry organisations and media outlets.
It is hoped that the report will promote discussion on this important issue and foster reform in this area.
Further pdf copies of the report are available at no cost to members of the Society (follow this link). Hard copies are available for purchase by members and others by following this link (members receive a discount on the purchase price).
The report represents the culmination of much hard work by the Subcommittee over an extended period of time. The Subcommittee was ably chaired by Robert Fenwick Elliot. The Society's thanks goes to Robert for his guidance and persistence in steering the Subcommittee and producing the report.
Tue 2 September 2014
A presentation by Nigel Hadgkiss, Director of Fair Work Building & Construction on an issue of high current interest. Details can be found here.