Property Council responds to Security of Payment discussion paper
The Property Council has provided a submission to the Queensland Government’s Security of Payment discussion paper. The discussion paper explores various regulatory responses to address the problem of ensuring security of payment for subcontractors in the building and construction industry.
Overall, the Property Council is concerned that many of the proposals identified in the paper could have wider adverse effects on the property industry. The Property Council’s submission provides a comprehensive response to the various proposed policy responses.
The Property Council’s submission can be found below.