The Air Conditioning and Mechanical Contractors' Association (AMCA) supports the introduction of nationally consistent legislation across Australia to enable prompt payment to specialist subcontractors in the building and construction industry.
AMCA executive director, Sumit Oberoi, said the organisation supports key recommendations in the report including the introduction of laws based on security of payment laws introduced in NSW.
Master Builders Australia (MBA) also welcomed the release of the Security of Payment Report.
MBA CEO, Denita Wawn, said the 300 plus page report is a comprehensive contribution to an important issue for the industry, right up and down the supply chain.
“Everybody who is entitled to be paid, should be paid. Security of Payment is a vital function as it protects all building industry participants and ensures that businesses, and therefore their workers, get paid,” Wawn said.
“The history of Security of Payment law shows that more regulation does not always mean better outcomes on the ground, particularly for small subcontractors.
“I urge all stakeholders to consider the report's 86 recommendations in a sensible and practical way,” she said.
“We will carefully consider the report and its recommendations following extensive consultation with our 32,000 members across the country. Naturally there will be a range of views given the existing differences from one jurisdiction to the next, and we hope the focus can be on finding common ground.”