Finance Australia :: News
SHARE

Share this news item!

BIA Advocates for Government Support Amidst Marine Industry Skills Shortage

Addressing the Urgent Need for Skilled Workers in Australia's Boating Sector

BIA Advocates for Government Support Amidst Marine Industry Skills Shortage?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 recently called upon all levels of Australian government to provide strategic support to the nation's marine manufacturing and recreational boating sector.
This appeal comes in response to a significant skills shortage that poses a threat to the industry's economic potential.

According to the BIA, the recreational marine sector is a major contributor to the national economy, with millions of Australians participating in boating activities annually. Despite this, the industry faces challenges due to a lack of skilled workers in key trades such as boatbuilding, marine mechanics, and shipwrights.

BIA CEO Andrew Fielding emphasized the need for government intervention, stating that the marine sector requires not just recognition but tangible backing. He highlighted that Australia produces world-class boats and equipment domestically, yet the sector often lacks the strategic support necessary to address its workforce challenges.

The BIA's latest industry data underscores the scale of the issue. The sector generates over $10.2 billion in annual turnover and employs more than 35,000 people across the nation. However, the industry's growth is hindered by the shortage of skilled workers, which could impact its ability to meet future demand and maintain its economic contributions.

To address these challenges, the BIA is advocating for several measures, including:

  • Recognition of the marine sector as a key component of Australia's manufacturing base and Blue Economy.
  • Investment in trade training programs to reduce industry skill shortages.
  • Development of infrastructure to support safe and convenient access for all ages and abilities.

Fielding stressed the importance of viewing the marine sector as a strategic pillar of the Blue Economy, rather than merely a transport safety issue. He called for targeted government investment in trade pathways, apprenticeships, and retention programs to ensure the industry's sustainability and growth.

As Australia continues to embrace its rich maritime heritage, addressing the skills shortage in the marine manufacturing sector is crucial. Strategic government support can help secure the industry's future, ensuring it remains a vital part of the nation's economy and recreational landscape.

Published:Thursday, 18th Dec 2025
Source: Paige Estritori

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

Share this news item:

Finance News

Australian Mortgage Refinancing Hits Record Highs Amid Rising Arrears
Australian Mortgage Refinancing Hits Record Highs Amid Rising Arrears
27 Dec 2025: Paige Estritori
Recent data from Equifax indicates a significant surge in mortgage refinancing across Australia, coinciding with a rise in arrears, especially among borrowers with substantial home loans. This trend underscores the financial pressures many Australians are currently facing. - read more
Digital Lenders Revolutionise Australia's Personal Loan Landscape
Digital Lenders Revolutionise Australia's Personal Loan Landscape
27 Dec 2025: Paige Estritori
The Australian personal loan market is undergoing a significant transformation, with digital lenders now accounting for over 40% of new loan originations. This shift is driven by the rapid digitalisation of loan processes, offering borrowers faster approvals and broader eligibility criteria. - read more
Surge in Personal Loans for Home Renovations Among Australian Homeowners
Surge in Personal Loans for Home Renovations Among Australian Homeowners
27 Dec 2025: Paige Estritori
Australian homeowners are increasingly turning to personal loans to fund home renovations, reflecting a growing preference to upgrade properties amid high housing costs and strong demand for home improvements. - read more


Finance Articles

Online Home Loan Calculators: How to Use Them in Your Loan Comparison
Online Home Loan Calculators: How to Use Them in Your Loan Comparison
Welcome to the world of savvy home financing! Whether you’re a first-time homebuyer or seasoned investor, navigating the ocean of home loan options can be daunting. In this digital era, one tool stands out for its effectiveness in simplifying this journey: the online home loan calculator. - read more
How to Improve Your Chances of Getting a Business Loan Approved
How to Improve Your Chances of Getting a Business Loan Approved
Welcome, Australian entrepreneurs and business owners! Whether you're just setting down the foundation of a startup or steering a well-established enterprise, access to capital remains a critical ingredient for business growth and survival. In the bustling economy of Australia, a well-structured business loan can be the catalyst that propels your business forward, aiding in expansion, the acquisition of new equipment, or simply ensuring smooth operational cash flow during lean periods. - read more
Understanding the Fine Print: Fees and Charges in Personal Loans
Understanding the Fine Print: Fees and Charges in Personal Loans
Personal loans are a type of unsecured credit that allows individuals to borrow money for various personal expenses, including consolidating debt, making home improvements, or funding significant life events. Unlike secured loans that require collateral, personal loans rely on your creditworthiness, making them an accessible option for many Australians. - read more


Free Loan Eligibility 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
Blue Chip Stock:
Shares in a large, reputable, and financially stable company with a history of reliable earnings and dividend payments.