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Posted Jun 03, 2019 New Draft Security of Payment Act Regulations 2019: Open for Public Consultation
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NEW CONSULTATION PAPER The NSW Government has issued a draft Building and Construction Industry Security of Payment Amendment Regulation 20191  (“Draft SOPA Regulations”) which is open for public consultation from 27 May to 21 June 2019. Amendment Act 2018 On 21 November 2018 the Building and Construction Industry Security of Payment Amendment Bill 2018 (“Amendment…

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Posted Feb 13, 2019 The Royal Commission’s Effect on the Mortgage Broking Industry
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The recent Royal Commission into the Banking, Superannuation and Financial Services sector has thrown the mortgage broking industry into a state of disarray. The most immediate change which is proposed – the banning of trail commission – is enough to cause mortgage brokers, especially those less seasoned in the industry to consider leaving the industry…

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Posted Feb 01, 2019 Are your PPSR Registrations about to expire?
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The Personal Property Securities Register (PPSR) is 7 years old as at 30 January 2019. This means that 7 year registrations have started to expire. Once a registration expires it can’t be extended or renewed and you may become an unsecured creditor. Re-registering an expired registration may mean the loss of priority to other creditors…

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Posted Jan 23, 2019 eBOOK: Guide to the Royal Commission into Aged Care
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To receive a copy of our free eBook, “Guide to the Royal Commission into Aged Care,” please fill out the contact form below:

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Posted Jan 23, 2019 SOPA: What does it mean for Adjudicators to act “In Good Faith”?
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Casenote: Goodwin Street Developments Pty Ltd v DSD Builders Pty Ltd [2018] NSWCA 276 In this judgment, the Court of Appeal considered the requirement of adjudicators under the Building and Construction Industry Security of Payment Act 1999 (“the Act”) to act “in good faith” when preparing adjudication determinations. Background and Relevant Facts Goodwin Street Developments…

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