The National dialogue relating to non-conforming building products continues, with the release on 6 September of an interim report by the Senate Economics References Committee. The Committee’s recommendations, if adopted, will fundamentally reshape the national building and construction landscape for building practitioners, company directors, and apartment owners.
Significant changes are on the horizon for building standards relating to fire safety, with draft amendments to all building codes expected to be adopted in March 2018. Building owners and professionals will need to keep up with the planned changes.
Insolvency in the construction industry is a perennial concern for contractors who can be thinly capitalised and depend on reliable cash flow to meet obligations to staff and suppliers.