Election-triggering ABCC legislation close to passing

Legislation to restore the Building and Construction Commission could be dealt with as early as today in Canberra.

The federal government has secured the backing of One Nation, independent David Leyonhjelm, and Nick Xenophon.

After securing water reforms Senator Xenophon said he’s nearly at the point of pledging his vote.


“I expect more likely it will be dealt with by Wednesday night or Thursday night,” he said.

“There’s the issue of retrospectivity which is a concern.

“I have had good discussions with the government on the issues of procurement and security of payments and I expect there’ll be something said about that in documents tabled in the next 24 hours.”

New procurement rules, tabled in parliament by Finance Minister Mathias Cormann and due to come into effect on March 1, will require commonwealth officials to consider the economic benefit to Australia of any procurement above $4 million.

“This is a big deal,” senator Xenophon told parliament.

“This is a significant, massive change to procurement rules in this country.”