NECA Victoria calls on state government for urgent security of payment reform
following the collapse of major contractor ProBuild, which records show had $311.6 million-worth of trade-related liabilities last year, NECA Victoria has called on the Victorian Government to urgently reform Security of Payment legislation. The local construction industry is bracing itself for more insolvencies as it emerges from two years of pandemic lockdowns and associated pressures.
If any Electrical or Communication contractor has been specifically impacted by the recent Probuild administration, and would like to discuss options, they can reach out to [email protected].
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