Business Loan Finance Online :: News
SHARE

Share this news item!

Addressing Skills Shortages: BIA's Call for Government Action

Ensuring the Future of Australia's Marine Manufacturing Industry

Addressing Skills Shortages: BIA's Call for Government Action?w=400

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

The Boating Industry Association Ltd (BIA) has issued a compelling appeal to all levels of Australian government, emphasizing the urgent need for strategic support to bolster the nation's esteemed marine manufacturing and recreational boating sector.
This call to action arises amidst a significant skills shortage that poses a threat to the industry's economic vitality and growth potential.

According to the BIA's latest industry data, the recreational marine sector is a major contributor to the national economy, generating over $10.2 billion in annual direct turnover and supporting more than 35,000 jobs across the country. Despite this substantial impact, the industry faces challenges due to a lack of skilled workers in critical trades such as boatbuilding, marine mechanics, and shipwrights.

BIA CEO Andrew Fielding highlighted the necessity for government intervention, stating that without targeted investment in trade training and apprenticeship programs, the industry's manufacturing capabilities could be severely hindered. This, in turn, would jeopardize jobs and economic activity that are vital to communities nationwide.

The BIA's National Recreational Boating Statement 2025 outlines strategic priorities, including recognizing the marine sector as a key component of Australia's manufacturing base, investing in trade training to alleviate skill shortages, and enhancing infrastructure to support safe and convenient access for all. By addressing these areas, the BIA aims to secure the future of the marine industry and ensure its continued contribution to the Australian economy.

For boat owners and enthusiasts, this advocacy underscores the importance of a robust and skilled workforce in maintaining the quality and innovation of Australian-made marine products. Supporting initiatives that promote skills development within the industry is crucial for sustaining the vibrant boating culture that many Australians cherish.

Published:Tuesday, 16th Dec 2025
Source: Paige Estritori

Please Note: If this information affects you, seek advice from a licensed professional.

Share this news item:

Finance News

Housing Shortage in WA's South West Strains Caravan Parks
Housing Shortage in WA's South West Strains Caravan Parks
27 Dec 2025: Paige Estritori
Caravan parks in Western Australia's South West are grappling with the effects of a severe housing shortage, as an increasing number of individuals and families turn to these facilities for long-term accommodation. This shift is placing significant pressure on park owners, who traditionally cater to tourists and short-term visitors. - read more
Affordable Electric Vehicle Loans Now Available for Eligible Australians
Affordable Electric Vehicle Loans Now Available for Eligible Australians
27 Dec 2025: Paige Estritori
In a significant move to promote sustainable transportation, the Australian government has introduced a new loan scheme offering low-interest financing for electric vehicles (EVs). This initiative targets Australians earning less than $100,000 annually, as well as essential workers such as police officers, teachers, firefighters, and nurses, regardless of their income level. - read more
Rising Car Repossessions Highlight Financial Challenges for Australians
Rising Car Repossessions Highlight Financial Challenges for Australians
27 Dec 2025: Paige Estritori
Recent data indicates a sharp increase in car repossessions across Australia, signaling escalating financial distress among households. Automotive auction house Pickles has reported a 13% rise in repossessed vehicles over the past six months, with an 11% increase in the last quarter alone. - read more
Marinex Underwriting Sets Sail in Australia's Marine Insurance Market
Marinex Underwriting Sets Sail in Australia's Marine Insurance Market
27 Dec 2025: Paige Estritori
Australia's marine insurance landscape has welcomed a new player with the launch of Marinex Underwriting. This agency, backed by global specialty insurance distributor Amwins, is poised to offer tailored solutions to the complex needs of the Australian marine industry. - read more


Business Loans Articles

The Role of Government Grants in Financing Your Startup
The Role of Government Grants in Financing Your Startup
Government grants can be a lifeline for startups seeking funds to launch or expand their businesses. These grants are sums of money provided by governmental bodies that do not require repayment, making them an attractive option for entrepreneurs. - read more
Building a Strong Business Plan: The Key to Securing Financing
Building a Strong Business Plan: The Key to Securing Financing
In the vibrant world of startups, securing funding is often the key to turning a business idea into a reality. For Australian entrepreneurs, understanding the landscape of available financial resources is crucial. Whether you're launching a tech startup in Sydney or opening a new café in Melbourne, accessing capital can be a deciding factor in your venture's success. - read more
Funding for Australian Startups: Exploring Your Options
Funding for Australian Startups: Exploring Your Options
Whether you're a budding entrepreneur or an established business owner, understanding your funding options is crucial in turning your innovative ideas into reality. The path to securing the right financial support can be both thrilling and challenging, making informed decisions a critical part of your success story. - read more
How to Craft a Winning Pitch to Attract Investors
How to Craft a Winning Pitch to Attract Investors
Creating a compelling pitch is crucial for any entrepreneur seeking to attract investors. It's more than just presenting numbers and forecasts; it's about connecting on a human level and conveying your vision effectively. - read more


Free Assessment

Loan Amount:
Postcode:

All quotes are provided free and without obligation by a Specialist from our National Broker referral panel. See our Privacy Statement for more details.


Knowledgebase
Adjustable-Rate Mortgage (ARM) Cap:
A limit on how much the interest rate or the payment can change for an Adjustable-Rate Mortgage.