@ProjectPayAU

ProjectPay works for you by ensuring you get paid every time, on time and making the payment process easier and faster for everyone.

 Australia
projectpay.com.au
Joined January 2020
  • Tweets26
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  • Followers3
9Media
"Subcontractors would fail in large numbers without protection from liquidated damages claims at a time when COVID-19 distancing requirements slowed projects and delay completions, industry veteran John Murray said" - The Australian Financial Review
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"The Australian Small Business and Family Enterprise Ombudsman Kate Carnell says she’s disappointed by reports of big businesses using COVID-19 as an excuse to delay payments to their small business supplier..." asbfeo.gov.au/news/news-arti…
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"This is a national emergency” - projectpay.com.au/blog/build… #masterplumbersa #MasterPaintersAustraliaNSW/ACT #MasterPaintersandDecoratorsAus #nationalelectricalcommunicationsassociation #adjudicatetoday #projectpay
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Our letter to @ScottMorrisonMP - projectpay.com.au/blog/lette… #masterplumbersa #MasterPaintersAustraliaNSW/ACT #MasterPaintersandDecoratorsAus #nationalelectricalcommunicationsassociation #adjudicatetoday #projectpay
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It is vital for the survival of the industry that the WA Government's promised cascading trusts are implemented now. thewest.com.au/business/cons… #paymentreform #covid19 #constructionindustry #subcontractors #projectpay

Quigley promises laws to protect subbies’ pay

They include a 15-day pay or explain-why-not deadline, cascading statutory trusts to protect payments down the food chain, and ‘an efficient and quick adjudication system’.

thewest.com.au
"SME subcontractors seek payment reform to avoid building industry collapse" -insidesmallbusiness.com.au/f… #paymentreform #covid19 #constructionindustry #subcontractors #projectpay

SME subcontractors seek payment reform to avoid building industry collapse

A group of building industry stakeholders has called on the government to initiate reforms that ensure payments across the contractual supply chain.

insidesmallbusiness.com.au
The main causes of insolvency in the construction industry last financial year were a lack of cash flow and poor management - Australian Securities and Investments Commission (ASIC). #insolvency #construction #industry
Know your rights within the building and construction industry - business.gov.au/Planning/Ind… #building #construction #legislation
ProjectPay is Australia’s only construction payment system designed for subcontractors, builders and construction clients on commercial and residential projects. #projectpayau #construction #subcontractors
Find out how ProjectPay works to create value for subcontractors, builders and project owners - projectpay.com.au/howitworks #projectpayau
Great to see more being done around SME payment protections - paymentexpert.com/2020/03/05… #payment #protections #construction #Industry

Australian Treasury seeks toughest stance on late SME payments - PaymentExpert.com

Australia’s two separate competition and market agencies, the Competition & Consumer Commission (ACCC) and the Securities & Investment Commission

paymentexpert.com
It’s now even more important than ever for #builders to embrace new technology to help facilitate the requirements of cascading #trusts and #PBAs, designed to address the delayed and #non-payments issue plaguing the #construction #industry - projectpay.com.au/blog/roll-…
"Legislation is important but it is not the sole driver of change" - thefifthestate.com.au/articl…
#whyprojectpay
"Rio Tinto caves over reverse factoring controversy" - afr.com/companies/mining/rio…

Rio Tinto caves over reverse factoring controversy

Rio Tinto scrapped its controversial program to speed up payments to small suppliers as the storm over reverse factoring intensifies.

afr.com
ProjectPay is giving confidence back to the construction industry. Sign up for free today!
"Reluctance to change is killing a great industry" - sunshinecoastdaily.com.au/ne…
"This is a huge step forward, and combined with technology, trust accounts will be hugely beneficial in transforming and protecting payments in the industry, which will benefit everyone down the supply chain“ - roadsonline.com.au/project-t…
Construction payments fintech, ProjectPay has been selected by #RBS and #Natwest #London Accelerator program to grow and scale up in the UK market. Very excited about the opportunities ahead!
BREAKING NEWS: industry-wide implementation of Project Trust Accounts in #Queensland. Good news for tradies but #legislation alone will not fix the delayed and #non-payment problems in the #industry - statements.qld.gov.au/Statem…
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