Contracts are crucial in the business world, especially in the building and construction industry. They outline the rights and responsibilities of each party involved. However, not all contract terms are fair or equitable. The Australian Competition…
We have noticed an increase in builders seeking to either terminate or increase the contract sum for fixed lump sum building contracts. It is no secret that the past few years have been challenging for builders,…
In the recent case of Perera v Bold Properties (QLD) Pty Ltd [2023] QDC 99, the Queensland District Court has ruled against the enforceability of special conditions in new home building contracts which allow builders to unilaterally increase a…
A subcontractor’s charge is a way for subcontractors to secure payment of amounts owed to them under an eligible contract by someone who is higher in the contractual chain (e.g. the principal). Essentially, it allows the…
Liquidators were appointed to National building company Porter Davis Homes this morning, which had more than 1700 homes under construction. If a residential construction company goes into liquidation, you suddenly find yourself left either out of…
