Construction

BANKRUPTCY & THE QBCC

BANKRUPTCY & THE QBCC

In the last two years over 2000 construction companies across the country have gone into liquidation. That’s over two a day. Between July 2022 and April 2023 alone, 1,709 construction companies entered administration. In the wake of rate hikes and the slew of...Read More
THE WHAT AND WHAT-NOT OF COST ESCALATION CLAUSES

THE WHAT AND WHAT-NOT OF COST ESCALATION CLAUSES

With much of the building and construction industry still feeling the sting of ever-increasing costs of materials and labour shortages, cost escalation clauses are becoming more common in domestic building contracts as a form of protection for builders. But not all...Read More
WHAT REALLY IS A “PAY WHEN PAID” CLAUSE?

WHAT REALLY IS A “PAY WHEN PAID” CLAUSE?

Since time immemorial, or at least, for quite some time, “pay when paid” clauses have been void in construction contracts. But everyone knows what that means right? It means that the liability of one party to pay the other isn’t contingent on that party first being...Read More