SOP Reform: Statutory Trusts – will they Help or Hurt?

2019-07-19T12:22:39+10:00July 19th, 2019|Construction Contracts, Construction Law, News, Security of Payment|

As part of the reform process for the Building and Construction Industry Security of Payment legislation, the NSW Government is calling for industry input as they assess the feasability of introducing statutory trusts as a means to better protect subcontractors from contractor insolvency and the many far-reaching consequences. The building and construction industry experiences the highest

NSW Construction Leadership Group: What is it? And what does it do?

2019-07-16T17:54:27+10:00July 10th, 2019|Commercial & Corporate Advisory, Construction Contracts, Construction Law, News, The Future|

The NSW Construction Leadership Group (the ‘CLG’) is a government body led by Infrastructure NSW. The CLG was established to promote innovation and reform throughout the development, procurement and delivery of government projects. The NSW government recognises the importance of the public-private partnership in achieving the State’s infrastructure goals. Accordingly, the CLG oversees the "Ten

NSW Government calls for further submissions in response to Shergold Weir Building Confidence Report

2019-07-02T11:35:56+10:00June 28th, 2019|Construction Law, Home Building, News, Strata Defects|

The NSW Government has released their second response to the Shergold Weir Building Confidence Report (Report) in the midst of the second high profile apartment defect issue, Mascot Towers, and is calling for further submissions. The NSW Government responded to the 2018 report some 6 weeks after the Opal Towers fiasco. It appears the Mascot

Interactive Tendering Guidelines – NSW looks to best practice in procurement

2019-07-02T11:35:58+10:00June 19th, 2019|Commercial & Corporate Advisory, Construction Contracts, Construction Law, News|

In May 2019, the NSW government published the draft Interactive Tendering Guidelines. They were prepared for the Construction Leadership Group (CLG) to inform both government and industry professionals of the best practices for interactive tendering. The interactive tendering guidelines aim to optimise the procurement process within NSW. The essentials of the proposed Guidelines are outlined

SOP Update: June 2019

2019-07-02T11:35:58+10:00June 14th, 2019|Commercial & Corporate Advisory, Construction Contracts, Construction Law, News, Security of Payment|

Amendments to the Building and Construction Industry (Security of Payment) Act 1999 (NSW) (Act) were passed by both houses of parliament in November 2018.  The NSW Government has finally released its proposed amendments to the Security of Payment regulations for public consultation (Proposed Amendments). In our May SOP update we outlined the 7 key changes

‘Shake-Up’ for the Building & Construction Industry with ‘cowboy’ certifiers in the sights of legislative changes

2019-07-02T11:35:59+10:00March 20th, 2019|Commercial & Corporate Advisory, Construction Law, News|

Minister for Better Regulation Matt Kean has vowed to crackdown on ‘cowboy’ certifiers following the evacuation of Sydney Olympic Park’s Opal Tower on Christmas Eve. Residents of the 36-storey building were forced to evacuate due to fears of the structural integrity following ‘cracking sounds’ and the collapse of a concrete panel. The building has since

Safeguarding Australia’s assets: The Security of Critical Infrastructure Act

2019-07-02T11:36:15+10:00May 23rd, 2018|Commercial & Corporate Advisory, News|

The Security of Critical Infrastructure Act 2018 brings with it a new regime of reporting obligations and ministerial powers, aimed at safeguarding Australia’s most relied upon infrastructure assets from the threat of sabotage, espionage and coercion posed by foreign involvement and ownership. The Act received assent in April this year. The two major developments of

New EU data regulations to impact Aussie businesses

2019-07-02T11:36:16+10:00April 24th, 2018|Commercial & Corporate Advisory, News|

While the General Data Protection Regulation (GDPR) was introduced by the European Union to protect against the misuse of the personal data of EU citizens, it will also impact Australian businesses with established operations in the EU. Limiting the amount of personal data that may be collected by organisations and regulating the ways such data