Changes to QBCC Minimum Financial Requirements Regulation 2018

The Department of Housing, Local Government, Planning and Public Works progressed an amendment on 16 February 2024 to the Queensland Building and Construction Commission (Minimum Financial Requirements) Regulation 2018 (MFR Regulation) to reduce costs and administrative burden for certain licensees.

Project Trust Regime Expands To Cover Private Sector Projects Exceeding $10M

The project trust (and associated retention trust regime) has now expanded to cover private sector projects where the contract price exceeds $10 million.

Builder Fined $80,000 For Failing To Manage Fall Risks

Prosam Building Services Pty Ltd was convicted in the Melbourne Magistrates' Court for four (4) counts of failing to provide a safe working environment and performing high-risk construction work without a Safe Work Method Statement (SWMS).

Introduction of the BIFOLA Bill

This Bill includes amendments to a number of pieces of legislation to promote a safer, fairer, and more sustainable building and construction industry.

Important Changes to Gas Work Certificates

Resources Safety and Health Queensland (RSHQ) has begun phasing out the use of hard copy books for gas system compliance certificates, gas defect notices, and vehicle/vessel inspection certificates. Instead, the hard copies will be replaced with digital e-certificates.

(UPDATE) Further Amendments To Employment Legislation

Part 2 of the Closing Loopholes Bill – which was split into 2 parts in late 2023 went to parliament last week. Independent Senator David Pocock has affirmed his backing for the passing of the Closing Loopholes No. 2 Bill which is co-sponsored with Senator Jacqui Lambie, pending a comprehensive set of amendments.
Aussie Pumps’ New Python Deluxe Jetter

Aussie Pumps’ new Python Deluxe Jetter offers more capability for plumbers clearing blocked drains. The new version, powered by Honda’s high tech iGX800 engine, delivers more flow at pressure than any other comparable machine.
Expiration Of Chief Executive Approval For On-Site Treatment Plants

As per the requirements of the Plumbing and Drainage Act 2018, Chief Executive Approval is required for installing an on-site sewage treatment plant.
Minimum Financial Requirements – Proposed Reporting Changes

From 1 July 2021, changes to the Australian Accounting Standards (AAS) removed the ability for Special Purpose Financial Statements (SPFS) to be prepared to satisfy certain reporting requirements, including Minimum Financial Requirements (MFR) reports.