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Hi Craigb Contracts with progress payments I had with clients had payment due in 7 days. I always had enough capital available to pay staff, suppliers and sub-contractors should I receive my progress payments late. It was not up to staff,suppliers or sub-contractors to finance my...

No. The builder should have capital to cover his contract with the plumber. The owner has no legal relationship between the builder and plumber. The plumber has no contract with the owner demonstrated by the fact that he legally cannot recover any losses from the owner. As a builder...

As a plumber this is one of the reasons I would never work for a builder or developer. Many are undercapitalised and as a tradie you were at the end of the queue and you would end up financing the builder who was financing the owner and should either have problems you were burnt. Builders...