In a previous update, we considered the discussion and issues paper released by the independent inquiry into construction industry insolvency, which was set up by the NSW Government to assess the cause and extent of insolvency in the building and construction industry in NSW and recommend measures to better protect subcontractors from the effects of insolvency.
After receiving more than 150 submissions from industry and holding 130 information gathering sessions the Inquiry, chaired by Mr Bruce Collins QC, has released its Final Report. Industry now has an opportunity to comment on and respond to any of the recommendations contained in the Final Report. More…