According to The Times, in response to the crisis facing Victoria’s residential construction, the Andrews government will take action to crack down on illegal builders, architects and plumbers. The new bill will target the “fraudulent liquidation of the Phoenix company”, which seeks to avoid being criticized by victims through deliberate liquidation. The Victorian Bureau of Construction will gain new powers to ban suspects who have this behavior from continuing to operate.
The move was a response to the construction quality crisis, and the problems faced by the apartments were particularly serious. The government has noticed that there are too many unit buildings built by these “broken tail” companies. At least one company associated with the Victorian flammable cladding crisis has filed for a bankruptcy of its subsidiary, freezing complaints from owners of Richmond and Brunswick apartments to builders. The bill will be submitted to Parliament on Tuesday. But the state government also acknowledges that the role of the bill is limited. Reforming the Australian-wide corporate bill is the long-term solution to fraudulent liquidation. The federal government reopened a bill to crack down on illegal fraudulent liquidation in July this year. The bill mentions that criminal and civil penalties will be imposed on such illegal activities, including 10 years in prison. As far as Australia is concerned, this deliberate liquidation has caused an economic loss of 5.13 billion yuan per year.
Under the state’s new bill, the Bureau of Construction will be able to freeze the permits of builders who may be involved in illegal liquidation. Planning Director Richard Wynne said the new bill was designed to increase public confidence and let them know that the government would drive out the construction industry. Wayne said on Monday that Victoria is doing everything in its power to stop illegal deliberate liquidation, but the reform of the corporate bill is a sustainable way to solve this problem. “This bill is to give Victorians more confidence in the construction industry and help the Construction Bureau to clean up those illegal builders. Plumbers and architects may be immediately disqualified. We have already taken action, and now the federal government’s colleagues are also Take measures at the time.”
