More vigorous enforcement will help protect hardworking subcontractors
The Federal Government has announced its response to the Murray Review, focusing on reducing payment timeframes and helping small businesses identify unfair contract terms.
Master Plumbers Australia and New Zealand welcomes the Federal Government’s commitment to boosting ASIC’s funding to enhance its ability to crack down on illegal phoenixing in the construction industry.
This ongoing issue negatively impacts plumbing businesses and other trade subcontractors.
It is positive to see this commitment, as more vigorous enforcement will help protect hardworking subcontractors from unfair financial losses.
Stronger protection measures needed
MPANZ advocates for fully implementing the Murray Review recommendations and emphasises the need for stronger measures to protect subcontractors from non-payment.
It remains committed to working with the government to implement these protections.
MPANZ particularly welcomes the government’s recognition of small businesses’ unique challenges in industries like construction, where subcontractors and suppliers are often pressured to accept unfavourable contract terms.
With stronger protections in place, small businesses will have greater confidence when negotiating agreements and will be less vulnerable to unjust practices that could threaten their sustainability.
With stronger protections in place, small businesses will have greater confidence when negotiating agreements and will be less vulnerable to unjust practices that could threaten their sustainability
Master Plumbers strongly support the commitment
Master Plumbers Australia/New Zealand looks forward to engaging in Treasury’s upcoming consultation process to ensure these protections are robust, effective, and tailored to the needs of small businesses in the plumbing sector.
Nathaniel Smith, spokesperson for Master Plumbers Australia/New Zealand said, “We strongly support the Federal Government’s commitment to protecting small businesses from unfair trading practices.
Plumbers and other small contractors often face significant challenges when dealing with larger corporations, and these reforms will help level the playing field. We look forward to working with the Government to ensure these protections deliver real benefits to our industry.”
MPANZ remains committed to advocating for fair business practices that support the success and sustainability of small plumbing businesses across Australia and New Zealand.
