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 MoreContractors often experience significant delays in receiving payment during the course of a construction project or do not receive payment at all.
Read MoreSmall businesses can often find themselves at the mercy of one-sided contracts. However, the new unfair contract legislation discussed below is about to change that.
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