In general terms, ‘security of payment’ refers to a building contractor’s right to receive payments that are due as outlined in their contract. For example, a head contractor must pay a subcontractor’s progress payments on time.
Each state and territory has its own security of payment laws that provide a rapid statutory mechanism for resolving payment disputes on an interim basis. This is known as adjudication.
While the adjudication schemes in each state and territory provide similar protections, there are differences in how the laws operate, the steps you need to follow and the strict timeframes required for adjudication applications—so it’s important to understand how the law works in your region.
Here is a list of State and Territory specific security of payment fact sheets:
- Australian Capital Territory (PDF | DOCX)
- New South Wales (PDF | DOCX)
- Northern Territory (PDF | DOCX)
- Queensland (PDF | DOCX)
- South Australia (PDF | DOCX)
- Tasmania (PDF | DOCX)
- Victoria (PDF | DOCX)
- Western Australia (PDF | DOCX)
For information about the relevant state and territory agencies that regulate the security of payment laws in your region, see further information and help.