Maximise EOFY Benefits: Tap Into Govt Incentives and Address Skills Shortages in the Building and Construction Industry

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Update 20/06/2024: QBCC Freezes Licence Fees

In our previous posts we have been talking about taking action to get licensed before EOFY.  We understand the increase and costs with running a business and can assist with Builders Licensing or Trade Licensing.  Even though State Licensing Authorities will increase their fees come 1 July, there are some great wage and hiring incentives for building and construction industry for priority trades.  This includes ongoing incentives and your apprentices gain more experience and skills.  Some of these added Government initiatives are only available this financial year.

Australia’s building and construction industry is crucial for the country’s economy, driving growth and building important infrastructure. However, it faces a major problem: there aren’t enough skilled workers.

Recent reports show that up to 65% of construction businesses can’t find workers with the right skills and experience. Furthermore, skilled and experience tradesman are not holding licences they are entitled to. or need to hold as a principal trade contractor or subcontractor. This shortage is slowing down current projects and putting future developments at risk, which could harm Australia’s infrastructure and economic growth.

This gap in skilled labor presents a unique opportunity for businesses to invest in apprentices. By employing apprentices, companies can develop a loyal and skilled workforce tailored to their specific needs, ensuring the sustainability of their operations. Apprenticeships not only help bridge the skills gap but also bolster the local economy by providing young workers with valuable training and career opportunities. This proactive approach addresses the immediate demand for skilled workers while fostering long-term growth and stability in the construction sector.

At Construction Licensing we are passionate about contributing to the industry and giving back all the value that our industry has given us as a small business   Get on board and contact EVERTHOUGHT and make you contribution as a participant in the building and construction industry.  Share your valued skills and experience to build a stronger building and construction industry for our country.

EVERTHOUGHT , in partnership with businesses in the construction industry, is uniquely positioned to tackle this skills shortage. By collaborating closely with industry, EVERTHOUGHT ensures its training programs are aligned with the latest industry standards and demands. This partnership allows businesses to directly influence the curriculum, ensuring apprentices acquire the precise skills needed in the workforce. Additionally, businesses benefit from a pipeline of well-trained, job-ready apprentices who can seamlessly integrate into their operations. This synergy between education and industry not only helps fill immediate labour shortages but also fosters a skilled, adaptable workforce prepared to meet future construction challenges.

The Australian Priority Wage Subsidy further supports this effort by providing financial assistance to businesses that employ eligible apprentices, covering up to 10% of wages in the first two years and 5% in the third year, making the hiring process more affordable and attractive.  EVERTHOUGHT can streamline the process for you, from recruitment to enrollment, providing this complimentary service as their contribution to addressing the skill shortage.

Accelerate your licensing goals and speak to one of our licensing specialists for an Initial Licensing Consultation to determine exactly what qualifications you need to get the licence you require for the career you want.

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Enquire now and get the ball rolling!