Advancing the industry's case in Canberra
HIA held a major advocacy week in Canberra covering workforce, taxation and migration policy. Members were brought directly into discussions with political leaders on key industry issues.
What is HIA pushing for in Canberra on workforce, tax and migration policy?
Builders and associated trades could see changes to workforce supply, tax settings and migration rules that directly affect hiring and business costs.
Key takeaways
- HIA spent a significant week lobbying federal politicians on issues affecting the building industry.
- Key topics included workforce supply, taxation and migration policy.
- HIA brought members directly into meetings with political leaders to strengthen its case.
- No specific policy outcomes or commitments were announced from the engagements.
Related
New trust tax would add growing pressure on small businesses
The Housing Industry Association (HIA) says small businesses across Australia face growing pressure from rising costs, economic uncertainty and more regulation. It argues a proposed new trust tax would add to that burden.
Why it matters: Builders and other trades often run through family or discretionary trusts, so a new trust tax could raise their tax bills and compliance work. That adds to already rising business costs.
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.
HBCF Insurance changes for apartment projects is great news for feasibility
The NSW Government will remove the requirement for Home Building Compensation Fund insurance on low-rise apartment building projects. HIA NSW says the change will help deliver more homes.
Why it matters: Builders and developers in NSW working on low-rise apartments may see lower upfront insurance costs and better project feasibility. That could mean more apartment work for builders and the trades they hire.