11th Apr 2019 2:37 PM
Subscriber only
MORE than 100 local and national companies which hold the highest value building licence in Queensland have been given three weeks to explain why they failed to lodge mandatory annual financial reports, or risk a ban from taking on new work.
The state's building regulator today said it was issuing show-cause notices to at least 103 licensees under the new mandatory financial reporting regime that took effect this year.
The Queensland Building and Construction Commission has given the companies - which each have a maximum allowable revenue of over $30 million a year - a deadline of 26 April to lodge their reports or face the prospect of licence suspension.
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