Construction Sector Review
The third review under the Small Business Regulation Review program has been completed, with a focus on improving the way regulators and small businesses interact in the construction sector. The reforms will make it easier for small construction businesses to understand and meet their regulatory obligations.
The reforms focus on three priority areas:
- Helping regulators interact more effectively through a Small Business Engagement Charter.
- Developing clearer and more targeted regulatory information for small businesses.
- Simplifying the way certificates of compliance are managed through mobile and online lodgment, and developing a targeted pilot to demonstrate the benefits to small businesses and regulators of a small business profile online tool.
Four of the sector’s most important regulators were involved in the review, which allowed for an improved understanding of the ways that regulators interact with small businesses and how these processes can be improved.
Estimated savings for small construction businesses from the reforms are between $21.3 million and $42.6 million per year.
Victoria’s construction sector makes enormous contributions to supporting the jobs of more than 304,500 people throughout the State, and generated $32.5 billion for Victoria in 2017–18.
Project status update 2019
The final Construction Sector Action Statement was released on 19 August 2019.