In short
This response is forward-looking and pragmatic. It balances the need for change with the potential risk of increasing red tape and regulatory burdens to small businesses in the construction sector.
The Review of Security of Payment Laws (Murray Review) examined ways to improve:
- consistency in security of payment legislation
- protections so subcontractors are paid on time for their work.
The Australian Government released a response to the Murray Review’s recommendations.
The response is forward-looking and pragmatic. It outlines how the government will continue:
Related content
- leading work with the states and territories to improve security of payment laws
- using wider policy levers to improve security of payment in the evolving building and construction sector
- progressing actions developed through the National Construction Industry Forum.
- Department of Employment and Workplace Relations – Review of Security of Payment Laws
- Terms of Reference
- Final report – 21 May 2018
- Media release – John Murray AM appointed to review security of payments laws – 21 December 2016