All Australian states and territories introduced legislative security payment legislation to address poor payment practices in the construction sector. Victorian security of payment law is established by the Building and Construction Industry Security of Payment Act 2002 (Act).
Read MoreThe Sale of Land Amendment Bill 2018 (Bill) was introduced to the Victorian parliament in August 2018, passed by the Legislative Assembly on 20 September 2018 and introduced to the Legislative Council on 20 September 2018. A key purpose of the Bill is to amend the Sale of Land Act 1962 to restrict the use of sunset clauses in certain off-the-plan contracts.
Read MoreEarlier this year an independent government agency called Domestic Building Dispute Resolution Victoria (DBDRV) was set up to help parties resolve domestic building disputes.
Read MoreContractors often experience significant delays in receiving payment during the course of a construction project or do not receive payment at all.
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