The building and construction industry is assessing a number of options to improve its practices in the wake of company collapses and unpaid contractors.
A new state government advisory body to improve analysis and transparency of major projects, Infrastructure WA, will begin work next year, according to Premier Mark McGowan, who launched a draft plan for its establishment today.
There's been a big rise in the exercise of contract termination for convenience clauses in the past four years, according to Jackson McDonald lead partner of projects, infrastructure and construction Basil Georgiou.
Tax reductions earned plaudits from the business community, with the budget's cuts in both tax company and income tax burdens likely to inspire confidence, particularly in Western Australia.
Thirteen peak industry groups in Western Australia have backed the establishment of an infrastructure advisory group, in a move designed to give the business sector a unified voice and more weight in policy setting.
