Key difference
Victoria’s rules changed in 2026
Major reforms took effect on 15 April 2026. The current scheme uses monthly claim entitlements and removed the former excluded-amount and claimable-variation concepts. Claims already served before commencement can be transitional. A current payment claim must identify the work or related goods and services, state the amount and include: “This is a payment claim under the Building and Construction Industry Security of Payment Act 2002”. Direct domestic-building contracts with homeowners are generally outside the scheme, while subcontractors beneath the builder may still be covered.