News

From 1 July 2022, the prescribed accounting standards have changed, with a knock-on effect impacting QBCC Minimum Financial Requirements (MFR) Reports.

The federal government has registered a legislative instrument called the Code for the Tendering and Performance of Building Work Amendment Instrument 2022.

Workplace Health and Safety Queensland (WHSQ) have advised of upcoming audit activity.

The outcomes of the QBCC Governance Review have been released, including the Queensland Government’s response to the review and a 90-day action plan with some positive recommendations made in line with Master Builders QBCC Governance Review submission.

WorkCover recently advised that premiums are rising from 1 July 2022.

The Fair Work Commission Wage Panel awarded an increase of $40.00 per week (or 5.2%) taking the National Minimum wage to $812.60 per week or $21.38 per hour.

Members must note the changes to superannuation from 1 July 2022 as it will affect all businesses.

From 1 July 2022 waste levies will increase, and be divided across two new zones – metro and regional.

The Queensland Government has made several changes to legislation covering building work.

UPDATE 15.06.22: We have been advised that the federal government has withdrawn the tariff mentioned below. We will provide more information for members as it becomes available.