From SubbiesUnited and Les Williams, founder of The Subcontractors Alliance.
We are now entering uncharted waters. No one knows where this will end but we do know it will not end well for small business and our industry.
There has been far too much reliance on countries like China for the supply of manufactured materials.
We as a country are in no way self sufficient any longer and that needs to change but while ever we have the highest minimum wage in the world, the highest power prices and draconian Industrial Relations, we will remain the way we are.
1. Those subcontractors seeking relief from mortgage re-payment – business loan re-payment– machinery lease re-payment– general lease repayment should contact their banks, landlords or financial institutions to find out what measures will be available to them over the next 6 months.
2. We are asking all subcontractors who experience payment problems from builders coming into this unsettled period to make contact through the Subbies United forum or contact Subcontractors Alliance.
All contact will be confidential.
We wish you all the best and hope that you, your families and staff stay safe.