A prominent member of the Crane Association of NZ is calling for the introduction of legislation to protect subcontractors financially when either end property owner, clients or contractors’ default on payments.
Albert Smith helps lead the Smithbridge Group that includes Universal Cranes, Auckland Cranes, Gold Coast Cranes and Smith Crane & Construction.
He’s also the brother of long-serving MP, Hon Nick Smith.
Now, Albert wants government to introduce a version of America’s Miller Act, and reintroduce the Liens Act that the Labour Government removed from the Statute Books in 1987.
CLICK HERE to read the full article.