Security of payment rollout under fire
The State Government is continuing to roll out its security of payment reforms for the construction industry amid Opposition accusations that it has been dragging its feet on the issue.
The reforms include a new Project Trust Account system to be progressively extended across Queensland’s $46 billion construction sector from March 2021, while other protections will commence this year.
Housing and Public Works Minister Mick de Brenni said the government was delivering $267 million in stimulus for the construction industry, and passing the latest reforms would help ensure the funds ended up in the pockets of Queensland tradies.
“When. . .
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