Security of payment – QLD

Note: Amendments to the Building Industry Fairness (Security of Payment) Act 2017 are currently before parliament for consideration. If the proposed bill is approved in its entirety, the changes are set to take effect from 1 July 2021.

The Building Industry Fairness (Security of Payment) Act 2017 (QLD) came into operation on 10 November 2017. It applies to almost all people working in the building and construction industry that enter into contracts for construction work.