As a part of temporary measures to support the employment scene, it has been announced that licensing fees will be waived for thousands of businesses in New South Wales.
The NSW government’s relief package will help 200,000 businesses throughout the state, waiving $50 million in operation fees typically charged to construction workers for an interval of one year.
NSW premier Gladys Berejiklian stated that this plan was the least that the state government could do to aid companies and their staff members through this trying period.
She said that these fee waivers will relieve small businesses, at an interval when cash flow is critical.
Thus far, the NSW government has injected more than $8 billion in stimulus funds into the state’s healthcare system and jobs to combat the economic impacts prompted by the coronavirus lockdown.
The state government has deferred rents for a half year for commercial tenants with fewer than 20 workers in all government-owned properties.
In addition, payroll tax deferrals have been offered to sizable businesses with more than $10 million in turnover for six months, in the wake of measures to exempt small and medium-scale businesses in the state’s original package.
Construction still is considered an “essential service” across the nation, with the federal government cooperating with contractors to attain strong project outcomes.
In order to balance new health measures with the ongoing effort to maintain project schedules, construction firms have employed procedures like social distancing, staggered shifts and breaks and site wide decontamination.
In spite of these protective measures, construction workers are falling sick with the virus, with a coronavirus case arising at Multiplex’s Melbourne Square construction site and at Kane Constructions’ University of Melbourne Parkville campus.
NSW minister for finance and small business Damien Tudehope stated that the state government should stay focused on keeping people employed and businesses afloat—to restore the health of both citizens and the economy.
Private construction levels are falling rapidly, with apartment building and commercial construction descending to its lowest level in almost seven years, says the most recent monthly Performance of Construction Index.
It’s numbers like these that are spurning governments to action—in a solid attempt to heal and restore.