Committee Details

COMMITTEE’S REPORT

The committee tabled its Report No. 3, 57th Parliament - Building Industry Fairness (Security of Payment) and Other Legislation Amendment Bill on Friday, 12 April 2024. The Bill was passed by the Queensland Parliament on 16 April 2024.

About the BILL 

On 14 February 2024 the Hon Meaghan Scanlon MP, Minister for Housing, Local Government and Planning and Minister for Public Works introduced the Building Industry Fairness (Security of Payment) and Other Legislation Amendment Bill 2024 into the Queensland Parliament.  The Bill was referred to the Housing, Big Build and Manufacturing Committee for detailed consideration.   

The purpose of the Bill is:

• Clarify and simplify the following matters through amendments to the Building Industry Fairness (Security of Payment) Act 2017:
  • who is a ‘subcontractor beneficiary’ of a project trust
  • trust account ledger and record keeping requirements
  • retention amount deposits must include GST
  • independent review requirements for trust accounts
  • transitional application of project trust account and retention trust account eligibility
  • Queensland Building and Construction Commission’s (QBCC’s) ability to share information with the Department of Housing, Local Government, Planning and Public Works (the department) for the purposes of assessing the efficacy of policy.
• Implement recommendations from the QBCC Governance Review 2022 Report to:
  • reduce the Queensland Building and Construction Board to seven members and publish a conflict-of-interest register for the Board through amendments to the Queensland Building and Construction Commission Act 1991 
  • transfer the responsibility for prescribing technical qualification requirements for licensing under the Plumbing and Drainage Act 2018  and the Building Act 1975 from the QBCC to the department.
• Progress minor amendments to clarify existing provisions, improve registration and regulatory processes, facilitate QBCC’s ability to share information with the department, and support industry and consumers through amendments to the Building Industry Fairness (Security of Payment) Act 2017, QBCC Act, Architects Act 2002 and Professional Engineers Act 2002.

Further information

Further information including written briefings, correspondence, response to submissions, transcripts and answers to questions taken on notice are available under the Related Publications tab.

Timeline