Parliamentary Joint Committee Inquiry into Small Business Insurance
HIA's Chief Executive Industry and Policy Simon Croft addressed a Parliamentary Joint Committee in Melbourne investigating small business insurance issues facing the building and construction sector.
What does the Parliamentary inquiry into small business insurance mean for tradies?
Builders and tradies across all states could be affected if the inquiry leads to changes in how small business insurance is regulated or priced. Outcomes may impact insurance costs and availability.
Key takeaways
- HIA's Simon Croft gave an opening statement to a Parliamentary Joint Committee inquiry into small business insurance.
- The inquiry is examining insurance challenges faced by small businesses, including those in construction.
- Findings could influence future policy or regulatory changes affecting how tradies access and pay for insurance.
- The hearing was held in Melbourne, suggesting a national focus with potential impact across all states.
Related
Construction needs an effective enforcer not a paperwork obsession
The Housing Industry Association (HIA) warns that proposed national construction standards and new procurement rules miss the mark. It says the measures land hardest on home builders and argues for an effective enforcer rather than more paperwork.
Why it matters: Home builders and small residential contractors could face extra compliance paperwork and procurement requirements, adding admin time and cost to jobs without necessarily lifting building quality.
Potential Commonwealth Standards for the Construction Industry
The Housing Industry Association (HIA) says it backs a lawful, safe, productive and sustainable construction industry and has long called for structural reform. It says the consultation on potential Commonwealth standards proposes several measures it is concerned about.
Why it matters: Commonwealth standards could add new compliance requirements for builders and subcontractors across residential construction. The article gives no detail yet, so the practical impact on trades is unclear.
Secure Australian Jobs Framework
The article argues that residential building and its supply chains should be exempt from the Secure Australian Jobs Framework and any related procurement obligations. It says government effort should go towards improving productivity instead.
Why it matters: Builders and the trades working in residential construction could avoid extra procurement obligations and compliance work if the exemption is granted. Otherwise, supply chain and tendering requirements may change.