Major Australian firm Probuild leading the way – Transactions Poised to Revolutionize the Construction Industry Digital ‘blocks’ of transaction data on which Bitcoin is built can infuse project and BIM…
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Who should read this eBrief: Company directors Accountants Financial Advisors Proposed changes to Commonwealth legislation could have a significant impact on the potential for transferring assets out of one company…
Blockchain Poses Murky Legal Waters for Construction Contracts Before blockchain becomes more common in the construction industry, professionals will need to understand the existing and forthcoming legal atmosphere, which is…
Risk in Construction Sub-Contracts Warranty clauses in sub-contracts A Standard Sub-Contract Example of an Australian Warranty Clause 1. The Subcontractor warrants that all work performed, and all materials supplied by the…
What is this about? The NSW Government is continuing to progress reforms to the building and construction industry to provide greater financial security and prompter payments for subcontractors. As a…
Building and Construction Industry Security of Payment Amendment Bill 2018 An Act to amend the Building and Construction Industry Security of Payment Act 1999 to make further provision with respect…
Tradesman struggling with debt commits suicide after builder fails to pay $100,000 – as his mother warns blue-collar mental health issues ‘will only get worse’. Mr Aylott was owed more…
Commercial Directions It is common for contracts to include a right for a party to terminate (an ‘ipso facto’ termination right) where the other party suffers an ‘insolvency event’. On…
PROTECTING YOUR BUSINESS Posted by Bronzella Cleveland| Articles, Columns | 0 CONTRACTS: WORTH THE TIME! Contracts are a part of the construction business. Large contracts and small contracts. Good contracts and bad contracts. In a perfect…
