BICB AGM & Seminar – Registration
The BICB AGM & Seminar Day was held at the Victoria Park Function Centre on Wednesday, 23rd October, 2024.
The Seminar sessions were recorded and they are available now for viewing on the Videos page.
Session 1 – 11:00am – 11:45am
ATO Presentation – Reportable Tax Debt Update
Anita Challen
Anita will supply an update on the debt owed to the ATO, the actions they are taking in regards to recovery and how this process is going.
Session 2 – 11:45am – 12:15pm
QBCC Update – Insolvencies and approach to Small Business Restructuring
Natasha Dennis-Weller
This presentation will include:
- QBCC’s regulatory approach to small business restructuring
- Insolvencies in the building industry
Session 3 – 1:15pm – 2:00pm
Economic Update
Patrick Coghlan
CreditorWatch CEO Patrick Coghlan will present an overview of current global and domestic trading conditions for the building and construction sector including:
- Specific areas of risk within the sector.
- Key indicators: rates of business failures, invoice defaults and tax debt defaults.
- Best and worst performing regions in Australia.
- Twelve-month forecast for the sector.
- Strategies that businesses can employ to mitigate credit risk.
Session 4 – 2:00pm – 2:45pm
Panel Discussion
Rhys Buzza – Finance Shared Services Leader at
Reece,
Andrew Blundell – Principal at Cathro & Partners,
Anna Taylor – Principal at Results Legal,
Jon Stoddart – Chairman at Stoddart Group.
“The meteorites that have hit building and construction and their aftermath – the impact that Covid and the ATO Reportable Tax Debt defaults have had on both commercial and residential developments as well as the effects on payments to suppliers. How have they both impacted the industry? Are we through the effects? What lessons have been learned that can be applied going forward?”
