‘Homeowners – Pay Your Tradies’ – New Legislation Comes into effect today, 1 March

Contractors Debt Recovery

New legislation comes into today that means homeowners who don’t pay their tradies can be made to pay by having the dispute taken out of their hands and assessed by an independent adjudicator via the ‘Security of Payment Act’ that previously only applied to commercial building work. The process takes 5-6 weeks and payments owed must be made in 5 business days. Homeowners need to know their rights. Anthony Igra is a specialist in the Act and has recovered $70 million dollars for commercial tradies since 2006. He has some great advice.

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