Articles

Posted Apr 14, 2015 Important Note for all companies in the Construction Industry and Owners, Owners Corporations, Strata-Managers, Property Investors and Owner-Builders

Commencement of Recent Amendments to the Home Building Act 1989 (NSW) (“the HBA”) Following extensive consultation with a number of stakeholders in the construction and related industry (from 2012), the Home Building Amendment Act 2014 makes no less than 50 changes to the HBA of which all stakeholders need to be aware. From 15 January…

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Posted Apr 14, 2015 News Alert: Retention Money Trust Scheme to commence from 1 May 2015

The Building and Construction Industry Security of Payment Amendment (Retention Money Trust Account) Regulation 2015 (NSW) The Building and Construction Industry Security of Payment Amendment (Retention Money Trust Account) Regulation 2015 (NSW) (the retention money trust account regulations) is set to commence in New South Wales from 1 May 2015 (the retention money trust scheme).…

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Posted Apr 14, 2015 NSW Supreme Court reviews Reference Date for Post Termination Security of Payment Act (SOPA) claims and the meaning of “Construction Work”

The facts Patrick Stevedores and McConnell Dowell entered into a construction contract on 13 March 2014, which was terminated for convenience by Patrick Stevedores on 24 April 2014. On 30 June 2014, McConnell Dowell served a payment claim on Patrick Stevedores. There was an arithmetic correction provided on 1 July 2014 for the sum of…

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Posted Apr 14, 2015 Newsflash: Senate has announced Inquiry into insolvency in the Building and Construction Industry

On 4 December 2014, the Senate announced an Inquiry into insolvency in the Australian Construction Industry. The Inquiry will be conducted by the Senate Economic Reference Committee and the terms of reference include a review of the following: The cause of insolvency in the construction industry; The amount of money lost by secured and unsecured…

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Posted Mar 13, 2015 PIF Annual Charity Yachting Regatta, Sydney Harbour 13 March 2015
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Nadine Emsley and Michael Pelosi of our firm were part of a crew in this sailing event in support of the charity which helps homeless young people from the streets to society. A thoroughly enjoyable day on the water and money donated for a good cause.

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