Queensland homes could be built faster and with less paperwork under a game-changing new building regulation overhaul.
Taylah Fellows follow less than 2 min read February 10, 2025 - 12:00AM Courier Mail
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Queensland homes could be built faster and with less paperwork under a game-changing new building regulation overhaul aimed at unlocking construction in the state.
Thousands of self-employed tradies would no longer have to complete annual financial paperwork or set up trust accounts for privately funded projects worth less than $10m under the changes.
Financial reporting from next month will be scrapped for 50,000 builders, tradies and subcontractors who make up 97 per cent of the state’s licensed labourers.
Trust accounts have also been paused for smaller contractors to focus on more building and less administrative burden.
Housing Minister Sam O’Connor is set to announce the changes on Monday at a forum with Master Builders Queensland.
SubbiesUnited Note: Typical stuff from Master Builders duping the Government into dumping Project Trust Accounts again. Even though subbies are members of MBA, they only represent builders. This will mean more financial hell unleashed on subbies.
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