As we navigate 2025, the industrial sector is facing a wave of regulatory changes that could reshape compliance, operations and risk management. In July 2020, Queensland parliament passed the Building Industry Fairness (Security of Payment) Act 2017 (QLD) (SOPA), which adopted a number of recommendations from the building Industry Fairness Reforms Implementation and Evaluation Panel, requiring head Contractors to open a trust-style bank account when withholding retention unde