It is estimated the state’s 27,400 tradies will save $52.3M over 10 years from not having to renew their licenses every three years, as part of the NSW Government’s Better Business reforms.
Minister for Better Regulation Matt Kean said it followed extensive public consultation, which also showed significant support for retaining 13 home building licenses.
“This is a fantastic outcome for consumers and for tradies, because it maintains important protections while also cutting costs,” Mr Kean said.
“The licenses have important safeguards, so we’re keeping all of them, but we also wanted to find ways to reduce the financial burden on these small businesses.
“This reform will reduce renewal fees from up to $605 every three years to just a $51 processing fee for tradies to update their details every five years.
The licenses that will become ongoing include decorating, painting, fencing, glazing, kitchen and bathroom benchtop installation, splashback installation, paving, shower screen installation, ducting and mechanical ventilation, shade sails and shade systems installation, dry plastering, wet plastering and minor maintenance and cleaning.
