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ARTICLE · 19 DECEMBER 2018

A time of transition for the construction industry in Queensland

Holding Redlich
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2018 has been a year of transition for construction and infrastructure, with anticipated continuation of reform in 2019.

AustraliaReal Estate and Construction
Suzy Cairney
Suzy Cairney
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It has been a year of transition for construction and infrastructure in Queensland. While the residential building market has definitely come off the boil and resources are just starting to pick up again, there are more infrastructure projects (government and private) in the market to help keep the industry busy. In addition, the industry is coming to grips with significant legislative reform and new challenges like non-conforming building products, the non-combustible cladding regulations, and changes to the “ipso facto” rules (affecting mainly termination for insolvency) in the Corporations Act. 

As of next week (17 December 2018), the security of payment rules change when most of the new Building Industry Fairness (Security of Payment) Act 2017 (Qld) comes into effect. These changes will have a significant and immediate effect on the industry. 

We anticipate that the major trends next year will be a continued focus on management of the various pieces of legislative reform, a continued push for movement towards more collaborative contracting, as well as the continued development and integration of new technology, like BIM and blockchain into the industry. Holistic planning of infrastructure is also likely to gain more traction, especially as programs like City Deals are further developed. What does that mean for construction and infrastructure contracts? Watch this space!

This publication does not deal with every important topic or change in law and is not intended to be relied upon as a substitute for legal or other advice that may be relevant to the reader's specific circumstances. If you have found this publication of interest and would like to know more or wish to obtain legal advice relevant to your circumstances please contact one of the named individuals listed.

This publication does not deal with every important topic or change in law and is not intended to be relied upon as a substitute for legal or other advice that may be relevant to the reader's specific circumstances. If you have found this publication of interest and would like to know more or wish to obtain legal advice relevant to your circumstances please contact one of the named individuals listed.

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