geddesSecurity of Payment 2026: From Reform to Reality Six months on: How is the new security of payment regime operating in practice
Speakers: Dado Hrustanpasic: Partner, Holding Redlich
Jennifer Irwin: Senior legal counsel, CIMIC Group; Rob Dando: Senior legal counsel, Symal Group Limited.
Moderated by Lisa Vo, Partner, Holding Redlich.
On the Agenda
The Victorian Security of Payment reforms that commenced on 15 April 2026 represent the most significant changes to the Building and Construction Industry Security of Payment Act 2002 (Vic) in years. The amendments have expanded the scope of payment claims, introduced a new statutory regime for the release of bank guarantees and retention money, altered notice requirements, and increased the importance of payment schedules and early dispute management.
Six months on, what impact are these reforms actually having on projects?
Bringing together legal, head contractor and subcontractor perspectives, this panel will move beyond a technical analysis of the legislation to examine how the reforms are operating on live projects across Victoria. The discussion will explore the practical challenges, emerging trends and unintended consequences arising under the new regime. Attendees will gain practical insights into how industry participants are adapting to Victoria's evolving security of payment landscape, and the steps they can take to minimise risk and avoid costly disputes.
Event host and date
This is person event is hosted by Holding Relich on Tuesday 10 November 2026
Location
Holding Redlich
Level 23, 500 Bourke Street
Melbourne VIC 3000
Cost
This in person event is free of charge for SoCLA members (you must be logged in when registering to receive free registration).
Non members: $49.50
When
November 10th, 2026 from 5:45 AEDT PM AEDT to 7:45 PM AEDT
Location
Level 23, 500 Bourke Street
MELBOURNE, VIC 3000
Australia
MELBOURNE, VIC 3000
Australia
Event Fee(s)
| 10.11.2026 Event Melbourne | $ 49.50 (includes GST of $ 4.50) |
Events: additional fields
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