Building Archives - Page 6 of 6

Adjudication Building Construction Contracts Law Property Security of Payments

16 March, 2021

Major Amendments to the Building and Construction Industry Security of Payment Regulation 2020 (NSW)

On 1 March 2021, Schedule 2 of the Building and Construction Industry Security of Payment Regulation 2020 (NSW) (Regulations) came into force. As a result, owner occupier construction contracts entered into on or after 1 March 2021 are no longer exempt from the application of the Building and Construction Industry…

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Building Construction Contracts Law

20 July, 2020

Schedule of rates or lump sum? Pick your poison

On 29 May 2020, the New South Wales Court of Appeal (Court of Appeal) handed down its decision in C&V Engineering Pty Ltd v Hamilton & Marino Builders Pty Ltd NSWCA 103. The case deals with a common dispute in construction supply contracts: whether the contract is a ‘schedule of…

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Building Construction Law Security of Payments

17 July, 2020

Security of Payments: retention trust accounts on $10 mill projects

The NSW Government is proposing to repeal the current 2008 regulations to the Building and Construction Industry Security of Payment Act 1999 (NSW) replacing them with a new set of regulations: the Building and Construction Industry Security of Payment Regulation 2020. A key change is the requirement for head contractors…

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Building Construction Development Law Projects Property

2 July, 2020

Introduction of new law relating to serious defects and issuance of occupation certificates

Introduction The Residential Apartment Buildings (Compliance and Enforcement Powers) Act 2020 (NSW) (Act) was assented to on 10 June 2020 and will commence on 1 September 2020. The Act applies retrospectively and significantly impacts residential projects delivery, completion, developer cash flow and contractors risks. Developers (you) must note these changes…

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Building Construction Contracts Law

18 June, 2020

NSW defect reform | 10 year retrospective duty of care introduced

The Building and Design Practitioners Act 2020 (NSW) (Act) has commenced. The Act is part of the wider suite of reforms the NSW Government is introducing following recommendations made in the 2018 Shergold and Weir Building Confidence Report. Duty of care on builders The Act creates a statutory duty of care on…

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Building Construction Contracts Security of Payments

15 May, 2020

Security of Payment update | absence of supporting statement not fatal

Since supporting statements were introduced into the Building and Construction Industry Security of Payment Act 1999 NSW (Act) a question has been whether a payment claim served without one (or with deficiencies in one) is still valid. The answer The Court of Appeal in TFM Epping Land Pty Ltd v…

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Building Construction Development Law Projects Property

30 April, 2020

NSW Government announces first tranche of projects for fast-tracked assessment

On 28 April 2020, in a bid by the NSW Government to stimulate and lift the economy out of the COVID-19 pandemic, it announced the first tranche of construction projects to undergo the Planning System Acceleration Program (Program). The first tranche of projects The first tranche of projects to undergo…

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Building Construction

28 April, 2017

Building Approval Statistics: what they are and what they mean to you

These statistics on Building from the Australian Bureau of Statistics (ABS) published in February 2017 show some very interesting trends. The salient figures worth noting is that, at the time of publication, there has been a slightly downwards trend for all building by 0.1% for the last 7 months but…

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