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Amendments to building and construction laws to protect workers' wages, superannuation, and subcontractors' payments in cases of insolvency.
🟡 Medium · Bill Second Reading6 May 2026 · 8,197 words
Construction payment security strengthened via statutory trusts, replacing project bank accounts, to
Construction trusts will safeguard subcontractor payments and streamline administrative processes fo
“"This legislation will go some way to making the system fairer for workers who are owed their entitlements and their superannuation."”
👍 positive· informative🌡️ warm
Members who spoke
Clarke, LornaGiddens, KimSao, RonWilliams, Rhys
Topics
construction industrysecurity of paymentinsolvencysubcontractorsworkers' rights
Legislation Referenced
Acts
Building and Construction Industry (Security of Payment) Act 2021Procurement Act 2020Personal Property Securities Act 2009Government Trading Enterprises ActBuilding Services (Registration) ActCorporations ActBuilding and Construction Industry (Security of Payment) Act 2021Construction Contracts Act 2004
Bills
Building and Construction Industry (Security of Payment) Amendment Bill 2026
· 6 May 2026
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