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

Isuzu Australia Introduces Dedicated Financial Services for Truck Buyers
Isuzu Australia Introduces Dedicated Financial Services for Truck Buyers
23 Dec 2025: Paige Estritori
In a strategic move to bolster its customer support offerings, Isuzu Australia Limited (IAL) has announced the establishment of Isuzu Financial Services Australia (IFSA). This initiative marks the first time the Isuzu Group has founded a leasing company outside Japan, reflecting a significant commitment to the Australian market. - read more
Geely's Farizon Electric Trucks Make Australian Debut
Geely's Farizon Electric Trucks Make Australian Debut
23 Dec 2025: Paige Estritori
Chinese automotive giant Geely Auto has announced its entry into the Australian light commercial vehicle market through its Farizon brand, specialising in electric commercial vehicles. This move signifies a notable expansion of electric vehicle (EV) offerings in Australia's commercial sector. - read more
CEFC and Volvo Group Collaborate to Accelerate Electric Truck Adoption in Australia
CEFC and Volvo Group Collaborate to Accelerate Electric Truck Adoption in Australia
23 Dec 2025: Paige Estritori
The Clean Energy Finance Corporation (CEFC) has partnered with Volvo Group to introduce a $70 million financing package aimed at accelerating the adoption of heavy-duty battery electric trucks (HD BEVs) in Australia. This initiative seeks to address the substantial transport-related emissions by facilitating the transition to cleaner vehicle technologies. - read more
Introducing Marinex Underwriting: A New Era in Australian Marine Insurance
Introducing Marinex Underwriting: A New Era in Australian Marine Insurance
21 Dec 2025: Paige Estritori
Australia's marine insurance landscape has welcomed a significant new player with the launch of Marinex Underwriting. This specialised marine underwriting agency aims to address the complex insurance needs of the Australian marine sector, offering tailored solutions backed by global specialty insurance distributor Amwins. - read more


Business Loans Articles

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
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
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
Credit Score:
A numerical expression based on a level analysis of a person's credit files, representing the creditworthiness of an individual.