From www.tglaw.com.au: The Queensland Government has paused the rollout of Project Trust Accounts, which were set to be enforced for major construction projects from January 31, 2025.

This amendment to the Building Industry Fairness Act aimed to create mandatory trust accounts for project payments, requiring head contractors to manage payments to subcontractors through these accounts.

The indefinite delay allows for a review of the construction industry while addressing concerns about industry vulnerabilities and software availability.