New bill will save construction and resources $24 million

THE construction and resources industries are expected to save about $24 million through a new bill introduced into Queensland Parliament this week.

Attorney-General and Minister for Justice Jarrod Bleijie said reforms to the QLeave scheme would generate significant savings for the construction, resources and tourism industries.

He said under Construction and Tourism (Red Tape Reduction) and Other Legislation Bill, the QLeave levy rate for construction and building projects would be reduced from 0.30% to 0.25%.

"0.05% may not sound like much but it will equate to an estimated $24 million in savings for the construction and resources industries," he said.

"Greater savings mean greater economic growth and job security for workers across Queensland.

"QLeave ensures building and construction workers have access to paid leave, regardless of whether they work on different projects or for different employers."

Mr Bleijie said the tourism industry also would benefit as the legislation gave travel agents more freedom to compete with the growing online tourism market.

"Bricks and mortar agents are subject to more costs and conditions than their online competitors, making it nearly impossible for them to compete," he said.

"Queensland community groups will also be big beneficiaries through the development of a new, simple, one-stop process to apply for Community Benefit Fund grants."

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