A national licensing regime for four key construction trades would deliver net benefits of $260.1 million to the economy in Australia each year if preferred options are adopted, modelling by a federal government agency suggests.

In a newly released series of discussion papers, the National Occupation Licensing Authority (NOLA) outlines options for national recognition of licenses across the four areas considered ‘Wave 1’ occupations. These include property, (excluding conveyancers and valuers), plumbing and gas fitting, refrigeration and air-conditioning and electrical. These occupations are the first…