Exercise

Mistakes and Mishaps

Mistakes and mishaps can occur at any stage. It is important to report financial information as well as report compliance with the Queensland Building and Construction Commission (Minimum Financial Requirements) Regulation 2018 to avoid any potential pitfalls.

Instructions

Read Michael Chesterman’s article entitled “Financial requirements not a silver bullet to cure insolvency in the construction industry.”

Activity

List three key takeaways from this article and consider how you can avoid mistakes or mishaps when complying with reporting obligations.

Not intended as legal advice. Read full disclaimer.