Search

A licensee's net tangible assets (NTA) is the working capital they need to run their business. Net tangible assets (NTA) is the total assets of a business less any intangible asset such as goodwill patents trademarks less all liabilities. NOTE – no …

You can report issues related to payments or contracts to QBCC. In some situations, we may be able to help with dispute resolution. Options available to you when you have not been paid money owed or are in dispute over money. A contractual dispute …

A current ratio shows the amount of current assets of a business in relation to its current liabilities and it helps determine its financial viability. Minimum allowable current ratio The minimum current ratio for a licensee is 1:1. You must have at …

If you are an existing licensee or applying for a licence and you don't have sufficient  net tangible assets  (NTA) to meet the level of  maximum revenue (MR)  you want, you can use a d eed of covenant and assurance . You can download and complete …

As a licensee holding a contractor-type licence, you need to demonstrate through financial reporting that your business can operate sustainably. Purpose of financial reporting The purpose of providing financial reporting to the QBCC is to …

The requirement for an MFR report or declaration is triggered in certain circumstances when you need to demonstrate you meet the minimum financial requirements to sustain your business. An MFR report is not required to meet your annual reporting …

Annual reporting is a financial health check QBCC contractors undertake each year as a part of their ongoing minimum financial requirements (MFR) obligations. Lodge now on the QBCC Portal On this page Contractors must report annually All  …

If there is defective work, non-completion of work, a fault in the building design or damage to your property from neighbouring work, you can lodge a complaint with us. You can assess building work you believe is defective against our standards and …

The QBCC Act requires that anyone in the chain of responsibility who becomes aware of, or reasonably suspects, a non-conforming building product (NCBP), or that a notifiable incident was or may have been caused by an NCBP, must report it to the …

Building or renovating your home is one of the biggest investments you'll make, and we're here to help you along the way. There are areas where we can provide valuable guidance and others that fall outside our scope, so it’s important to understand …