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Amendment to security of payment for subcontractors in the construction industry via statutory construction trusts.
🟡 Medium · Bill Second Reading12 May 2026 · 1,868 words
WA is replacing project bank accounts with construction trusts to better protect subcontractors on s
Subcontractors on state projects will have better payment security via new construction trust scheme
“The Building and Construction Industry (Security of Payment) Amendment Bill 2026 is another decisive step forward in protecting subcontractors and strengthening Western Australia's construction sector.”
👍 positive· informative🌡️ warm
Members who spoke
Caddy, Dan
Topics
constructionsubcontractorspayment securitytrusts
Legislation Referenced
· 12 May 2026
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