Small value jobs acknowledged
The introduction on 1 February 2012 of a new category of written
contracts for 'small jobs' worth between $1001 and
$5000 will assist in providing administrative relief to many small
businesses undertaking residential building work .
If a business undertakes residential building work that exceeds
the monetary threshold prescribed in Division 1 of the Home
Building Regulations 2004 (the "Regulations") then that
work requires a written contract to be provided to the customer in
the form prescribed by the Home Building Act 1989 (the
"Act").
Penalties
There are monetary penalties for breaches of the Act which
provide for a maximum penalty of $22,000 for individuals and
$110,000 for a corporation.
