Around 110 tradies in the Davidson electorate will save approximately $200,000 over the next 10 years, because they will no longer have to renew their licences every three years.
Member for Davidson Jonathan O'Dea said the licence renewal fees will be cut from up to $605 every three years, to a mere $51 processing fee for tradies to update their details every five years.
“This is a fantastic outcome for consumers and our local tradies, because it maintains important industry protections and reduces unnecessary costs,” Mr O'Dea said.
“We’re keeping all 13 home building licences for skilled and qualified tradies, while also reducing the financial burden for small businesses.”
The affected trade licences are for 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.
The Government consulted widely with industry, stakeholders and the public, seeking to remove red tape and make it easier to start and stay in business in NSW.
This public 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 O'Dea concluded.
Minister for Innovation and Better Regulation Matt Kean will introduce the Better Business Reforms into Parliament later this month, including changes that will increase transparency for consumers.
