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Provide feedback on project bank accounts

February 04, 2019

The State Government has given a clear indication they intend to broaden the requirement to establish a Project Bank Account (PBA) in 2019. In the residential sector the requirement to establish a PBA is proposed to apply to projects worth more than 1 million dollars (including GST) and incorporating three or more dwellings.

You have the opportunity to provide feedback to the independent panel considering the proposed requirements. Click here to access the survey and provide your feedback: BIF Panel Survey questionnaire. Alternatively, you can attend a consultation session with the panel as listed here. HIA strongly encourages all members to provide feedback to the independent panel.