Technical Accounting Alert | TA 2025-2
ASIC focus areas for FY 2025-26 financial reports
ASIC focus areas for FY 2025-26 financial reports
Jessica Fox & Holly Bailey on sport, leadership, and redefining 'playing like a girl'. Listen now
Eligible* contracts valued between $3m and $10m will now need to comply from 1 March 2025, and contracts above $1m will need to comply from 1 October 2025.
Given the resourcing shortages and economic pressure facing the industry, mid-tier builders will no doubt be relieved by the announcement.
To find out more on how the PTA and RTA regime operates in Queensland, please read our insights here.
*Eligible contracts include those where the principals are either state authorities, local governments or private sector, unless the state authority has opted in for earlier application