The calibre of new builders entering the industry has prompted two of the most powerful lobby groups to call for the State Government to consider a bold plan to upskill the sector.
Hayden Johnson, The Courier-MailSubscriber only|19 minutes ago
NEW builders would undergo a two-year business program to reduce their risk going broke under a new proposal put forward by the state’s peak construction body.
Concerned about the “calibre about new licensees” entering the industry, Master Builders Queensland and the Housing Industry Association have joined forces to lobby for one of the most significant upgrade to builders’ skills in decades.
“We have anecdotal evidence that new residential builders often do not have the necessary skills and support network to succeed in setting up a successful business,” Master Builders CEO Grant Galvin said.
He said there was a need to help new builders put in place business systems to profitability price work; ensure on time payment; track finances; meet the ever-changing compliance obligations; and resolve the disputes.
Master Builders and the association have agreed to advocate for new ‘low rise’ home builders to be required to successfully finish a two-year ‘new-builder program’.
Queensland Building and Construction Commission data reveals companies with a maximum annual turnover up to $800,000 are most likely to fail.