From www.claytonutz.com: The Queensland Government has paused the rollout of phases 3 and 4 of the trust account framework under the Building Industry Fairness Act, which impacts the eligibility of construction contracts.
A recent Victorian Court of Appeal decision confirmed that retention moneys could be claimed under the Victorian Security of Payment Act, aligning its legislation with that of Queensland and New South Wales.
In another ruling, the Federal Court determined that Australia has no jurisdiction to enforce an arbitral award against India due to the country’s retained right to immunity under the Immunities Act.