New report challenges underpayment rumour within construction industry

Jon Davies of the Australian Constructors Association pushes back at the widely held belief that underpayment is rampant in the construction sector amid the industry’s increasing insolvency rates and argues that proposed Project Bank Accounts (PBAs) are not a guarantee for subcontractor payment because they don’t reflect the realities of the way construction payments flow, as illustrated in a recent Queensland insolvency.

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