Current News

ITC is proud to sponsor the Australian Accountants, Lawyers & Directors Conference (AALDC) which is held every year in January in Aspen Colorado. James presented his paper on The Importance of Accountants & Lawyers in the Construction Industry. If you would like a copy please click link below AALDC 2015 Presentation Aspen at Night Aspen …

NSW New amendments to the NSW Security of Payment Legislation came into effect from 21 April 2014 as a result of an inquiry into insolvency in the construction industry. The amendments include: a requirement that payment claims made by a head contractor include a supporting statement declaring that any subcontractors have been paid all amounts …

QLD The amendments to the Building and Construction Industry Payments Act 2004 (Qld) (BCIPA) came into force on 15 December 2014.  The key change is the simplifying of the classes of claims. Standard Claims all claims below $750,000.00 a payment schedule must be served within 10 business days after the payment claim is received Complex …