EAST Metropolitan MLC Matthew Swinbourn will help the barrister who has been given the job of chairing an industry advisory group, which will carry out a review to improve security of payments for subcontractors in WA’s building and construction industry.
On Friday, February 23 the McGowan Government said key industry representations and public works agencies would be able to provide input to the industry advisory group, which would facilitate the consultative process to implement industry wide laws.
Once established, the industry advisory group to be chaired by John Fiocco will complete a full and careful inquiry based on the Terms of Reference.
Commerce and Industrial Relations Minister Bill Johnston said the industry advisory group would also consider amendments to the Building Services (Registration) Act 2011 and the need for new or amending legislation to provide fairer contracting practices.
Mr Johnston said other reforms for consideration included introducing trust arrangements to protect funds owed down the contracting chain, in case a head contractor experiences financial difficulty.
He said Mr Fiocco was widely experienced in commercial and contract law.
The first IAG meeting with industry stakeholders will be held on March 26.
Mr Johnston said the McGowan Government was delivering on its election commitment to improve payments to subcontractors.
“We’re committed to ensuring a regulatory framework for the building industry that provides fairer contracting practices,’’ he said.
“This is a complex industry problem and we are getting key industry players together to deliver practical solutions.”