Tradie Intel by GrokoryAI
Master Builders AU News ·

Hands Off Our Fuel: Builders back fuel tax credit system

Master Builders Australia has endorsed the Hands Off Our Fuel campaign, calling on policymakers to preserve the existing fuel tax credit system without changes.

Will the fuel tax credit system change and how does it affect my building business?

Affects builders and contractors who rely on fuel tax credits to offset operating costs for heavy machinery and vehicles used on job sites.

Key takeaways

  • Master Builders Australia has officially backed the Hands Off Our Fuel campaign.
  • The industry body is urging policymakers to keep the fuel tax credit system as-is.
  • Fuel tax credits help builders and tradespeople reduce costs on fuel-heavy operations.
  • No specific policy changes have been announced, but the campaign signals industry concern.
buildingbusinesstaxregulatory

Related

Master Builders AU News ·

ATO ramp up of small business debt collection

Master Builders Australia has published a news item saying the ATO is stepping up its debt collection against small businesses. The text provided gives no further detail on the measures, timing or amounts.

Why it matters: Builders and other trade businesses with outstanding tax debts may face firmer ATO collection action, which could strain cash flow. Details are not in the source text, so check the ATO or Master Builders directly.

taxbusinessregulatorybuilding
Master Builders AU News ·

Builders Oppose Proposed Jobs Framework and Supplier Code

Master Builders Australia opposes the proposed Secure Australian Jobs Framework and changes to the Commonwealth Supplier Code. The article excerpt gives no further detail on what the proposals contain.

Why it matters: Builders and contractors working on or seeking Commonwealth-funded projects could face new employment and supplier requirements. The practical impact is unclear until details of the proposals are released.

buildingregulatorybusiness
Build Australia ·

WA passes new payment protection laws for subcontractors

Western Australia's Parliament has passed new payment protection laws for subcontractors. The changes, made through an amendment to the Building and Construction Industry (Security of Payment) legislation, aim to give subcontractors stronger protection against insolvency.

Why it matters: Subcontractors in WA, including plumbers, electricians, carpenters and other trades, get stronger protection if a head contractor becomes insolvent. This could reduce the risk of unpaid work and cash flow problems.

WAregulatorybusinessbuilding