Construction Industry in Australia Soars to New Heights with Record Crane Activity
Australia’s construction industry is on an exhilarating journey marked by a remarkable…
6 May 2020
With the state set to deliver around $50 million in fee waivers over 12 months, licence fees for New South Wales’ trades and construction sectors have been waived.
The waivers are a key component of the State Government’s first economic stimulus package.
NSW Premier Gladys Berejiklian said at a time when cash flow is crucial, the fee waivers will provide much-needed relief for small businesses.
“Up to 200,000 licence holders will benefit from this fee relief package over the next 12 months. It is the least we can do to support these businesses and their staff through this challenging time,” she said.
Finance and Small Business Minister Damien Tudehope said the NSW Government is focused on keeping businesses alive and as many people as possible employed.
“Our number one priority is the health and safety of the community, but this is a dual challenge and we need to do everything we can to ensure the NSW economy emerges with a strong beating heart,” he said.
The announcement came after an earlier set of fee waivers that have started to come into effect, including $19.5 million in state-based fee relief for the hospitality and entertainment sectors.