Around 360 tradies in the Coffs Harbour electorate will save approximately $680,000 over 10 years by not having to renew their licences every three years, as part of the NSW Government’s Better Business Reforms.
Member for Coffs Harbour Andrew Fraser said it followed extensive public consultation, which also showed significant support for retaining 13 home building licences.
“This is a fantastic outcome for consumers and our local tradies, because it maintains important protections, while also reducing costs,” Mr Fraser said.
“We’re keeping all 13 home building licences because we need skilled and qualified tradies, but we’re also reducing the financial burden on our small businesses.
“Renewal fees will drop from up to $605 every three years, to just a $51 processing fee for tradies to update their details every five years. That gives them more money to pay the bills, put food on the table, or grow their businesses.”
The licences that will become ongoing include decorating, painting, fencing, glazing, kitchen and bathroom benchtop installation, splashback installation, paving, shower screen installation, ducting/mechanical ventilation, shade sails and shade systems installation, dry plastering, wet plastering and minor maintenance/cleaning.
In May 2018, the Government consulted widely with industry and stakeholders, seeking ideas to remove red tape and make it easier to start and stay in business in NSW.
The outcome of this consultation will culminate in the Better Business Reforms – the biggest shakeup of NSW consumer law in more than three decades.
“This is about getting back to basics, and putting money back in the hands of local businesses. When business is made easier, both traders and consumers are better off,” Mr Fraser said.
Minister Kean will introduce the Better Business Reforms, which also includes reforms to increase transparency for consumers, into Parliament later this month.