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Building Better Business: Protect your licence. Understand your obligations. [24 June 2020]

Dayna Gilbert
Dayna Gilbert November 25, 2019

Special Announcement:  Featuring guest Kate Raymond, Assistant Commissioner of the QBCC, discussing the here and now of the regulation of the construction industry in Queensland.

The Minimum Financial Requirements for licensing caught several companies off guard in 2019. Learn from mistakes with insight from the team at Helix Legal as part of their Building Better Business Series.

Under the Minimum Financial Requirements for Licensing, since 1 January 2019 the QBCC has progressed through 2 phases of assessment:

  • Phase 1 – ‘signed financial statements’ from 742 large contractors; and
  • Phase 2 – declarations from self-certifying licensees who have a turnover not exceeding $800,000 or ‘internal management accounts’ from licensees who have a turnover greater than $800,000 but less than $30 million.

There were approximately 70,000 licensees that are captured by these two phases.

What are the lessons learnt from those who got caught out in the changes?


Where: Zoom Webinar
Date: Wednesday, 24 June 2020
Time: 10:30am to 11:30 am (AEST)

Dayna Gilbert
Dayna Gilbert November 25, 2019

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