Local subbies in the building industry are the focus of a new Special Joint Taskforce by the Palaszczuk Government.
The Special Joint Taskforce will be headed by retired Supreme Court Judge, Justice John Byrne and will include Queensland Police Service detectives, investigators from the Queensland Building and Construction Commission and prosecutors from the Office of the Director of the Public Prosecutions.
This is just the latest step in the Palaszczuk Government’s commitment to ensure that our subbies get paid in full, on time, every time.
The subbies who have been left out of pocket are local mums, dads and small business operators.
This new taskforce will track down those who have been involved in some of the biggest rip-offs in the Queensland building industry.
It will conduct a thorough examination of the circumstances surrounding several corporate collapses, and will take the strongest possible action if corporate crime, including fraud, is found to have been committed,” Chris Whiting said.
We have introduced project bank accounts and new invoicing laws to ensure greater protection for subbies from company collapses.
Our Security of Payment laws also make it harder for companies to dodge their responsibilities through ‘phoenixing’.
Phoenixing is the often illegal practice where an existing company is wound-up and its assets transferred to a new company, without the liabilities and obligations of the existing operator.