Welcome to Western Sydney Business Access

 fb tw yt in 

07 December 2018 Posted by 

SUBBIES WIN UNDER NEW LAWS

LIFE can be tough for a subbie, their family and employees let down by unscrupulous head contractors and developers.


But that has just changed for the better thanks to new laws which passed in the NSW Parliament.

Minister for Better Regulation Matt Kean said the security of payment laws would help stop subbies being left out of pocket for work completed each month.

Under the changes:

• Head contractors will have 20 business days to pay sub-contractors, instead of 30 business days.
• A new payment structure will allow sub-contractors to make a claim at least once a month for completed work, and a final claim if a contract is terminated.
• There will be increased compliance and enforcement powers for NSW Fair Trading.

Mr Kean said the Government was also considering additional reforms to help sub-contractors get paid sooner.

“We want subbies and their families to see the benefits as soon as possible,” Mr Kean said.
 

For more information on the reforms, visit

www.fairtrading.nsw.gov.au



editor

Publisher and editor, Michael Walls.
Mobile: 0407 783 413
Email: info@wsba.com.au
Mail: PO Box 186, Kurrajong NSW 2758
Office phone: 61 2 4572 2336

Western Sydney Business Access (WSBA) covers the business and community issues of the Greater Western Sydney region of Australia. WSBA is the popular media source for connecting with the pulse of the region and tapping into it's vast opportunities and networks.