Construction Industry Reform
The construction industry is crucial to the Northern Territory’s economy, employing more than 6000 people. And for most Territorians, their home is their biggest investment as well as reflecting their lifestyle.
In 2004 the Northern Territory Government embarked on a comprehensive reform of the construction industry, developing a package of initiatives to protect consumers and workers and further increase the level of professionalism in the industry.
The four main components of the package were:
- Registration of principal contractors in residential construction;
- Compulsory home warranty insurance to protect house buyers from non-compliant and incomplete work;
- Security of payment arrangements for contracts between principal construction contractors and sub-contractors; and
- Portable long service leave for workers in the construction industry.
Details on contractor registration and home warranty insurance are available on the Residential Building Reform Question and & Answer sheet.
For information on Security of Payments please contact the Construction Contracts Registrar.
For information on Portable Long Service Leave please contact NT Build.
