BUILDING INDUSTRY —
SECURITY OF PAYMENT REFORM
1065. Hon COLIN TINCKNELL to the minister representing the
Minister for Commerce and Industrial Relations:
(1) Has the government received the findings of the
industry advisory group on the security of payment reform in the building and
construction industry, chaired by Mr John Fiocco and assisted by Hon Matthew Swinbourn?
(2) Does it
recommend the government plan to adopt any of the 86 recommendations made by Mr
John Murray in his ''Review of Security of Payment Laws: Building Trust
and Harmony''; and —
(a) if so, which
(b) if not, can
the McGowan government tell us what steps it plans to take in an effort to
better protect the financial rights of subcontractors and help them avoid long,
drawn-out and expensive legal avenues?
ALANNAH MacTIERNAN replied:
I thank the member for the question.
The following information has been provided to me by the Minister for Commerce
and Industrial Relations.
(1) Yes. Mr Fiocco's
report was received by the Minister for Commerce and Industrial Relations on 31
(2) The McGowan
government is considering Mr Fiocco's report.