Queensland Building Commission Restricts 537 Licensees
Lucas Christopher
Principal Architect at LUCAS CHRISTOPHER ARCHITECTS I QLD+NT Registered Architect Brisbane Australia
CONSTRUCTION LINDSAY SAUNDERS 21 FEB 23 The Urban Developer
The Queensland building industry regulators says it has imposed licence conditions on 537 licensees under the mandatory financial reporting regime.
The Queensland Building and Construction Commission has given the companies until March 6, 2023 to lodge their reports or face the prospect of licence suspension.
QBCC Commissioner Anissa Levy said the licensees were in financial categories 1 to 7, with category 1 having a maximum revenue amount of $800,001 up to category 7 with a maximum revenue amount of over $240 million.
“The licensees were contacted by the QBCC several times but failed to submit the required information to us by the annual deadline of 31 December 2022,” Levy said.
“While the majority of these licensees have already submitted their reports, there are at least 538 who have not.”
The conditions imposed on these licensees prevent them from entering into any new contracts for building work until they have provided the required financial information to the QBCC.
AUTHOR Lindsay Saunders The Urban Developer - News Editor