Hundreds of builders facing ban amid watchdog crackdown

The Queensland Building and Construction Commission has issued show-cause notices to at least 296 licensees, who now face the prospect of their building licence being cancelled. SEE THE LIST

Almost 300 Queensland building companies face being banned for failing to lodge their financial reports with the industry watchdog.

The Queensland Building and Construction Commission (QBCC) said it had issued show-cause notices to at least 296 licensees under the mandatory financial reporting regime.

They have a deadline of October 5 to lodge their reports or face the prospect of their building licence being cancelled. QBCC commissioner Anissa Levy said the firms held licences in two categories with annual turnover up to $800,000.

“The licensees were followed up several times but failed to submit the required information that was due at the end of March,” said Ms Levy.

“While the majority of licensees have already submitted their reports, there are more than 200 who have not.”

She said the firms must provide the QBCC with a three-page form that captures financial information from 30 June 2021.

“Licensees who do not submit their reports to the QBCC face potential regulatory action such as no-new-work conditions, licence suspensions, and licence cancellations,” she said

Ms Levy says this latest action comes just days after the QBCC issued show-

cause notices to 71 licensees operating with questionable financial health.

“The minimum financial requirement and mandatory reporting laws enable us to more easily detect when a licensed company might be in trouble financially,” Ms Levy says.

“We’ll do whatever we can to protect the industry from the devastating effects of insolvencies, because those impacts flow right through the building supply chain.”