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construction

Important reminder about QBCC licensing obligations

The Queensland Building and Construction Commission (QBCC) imposes strict financial reporting obligations on all licensees, and with the 30 June 2025 deadline approaching, it’s vital to ensure you’re prepared. This article outlines the key requirements such as maintaining adequate Net Tangible Assets (NTA), meeting current ratio standards, and correctly accounting for Work in Progress (WIP), to help you stay compliant.