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ARTICLE · 08 AUGUST 2020

Are you involved in a construction project in Victoria?

All parties involved in the delivery of construction projects, including financiers, are at risk of significant losses.

AustraliaReal Estate and Construction

On 3 August 2020, the Victorian Premier Daniel Andrews released a statement in the wake of the COVID-19 pandemic introducing Stage 4 restrictions which will significantly impact the construction industry.

In this statement, available here, the Victorian Premier reiterated his announcement of 2 August 2020, where he outlined a three-tier structure of business closures which, with exception to some warehousing and meat processing centres in regional Victoria, will apply for metropolitan Melbourne.

The construction industry, which falls into the third tier, is permitted to continue to operate, but under significantly reduced operational conditions.

Premier Andrews said that 'the construction industry will be scaled back to "pilot light levels" to allow projects to resume, without completely ending operations'.

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