ACT Budget fails to recognise heavy lifting provided by our small and medium trade businesses
Joe Prevedello • June 11, 2026
MEDIA RELEASE
Thursday 11 June 2026
This week’s 2026-27 ACT Budget could have done more to recognise the work our local plumbing and gasfitting businesses do, providing essential local trade services, employing the next generation of tradies and making an enormous contribution to Canberra and the Capital Region’s local economy.
Chief Executive Officer of Master Plumbers ACT Joe Prevedello said, “While there were some high profile and welcome announcements around stamp duty exemptions, reducing the lease variation charge (LVC) and some other measures to boost housing and construction, other decisions contained in the Budget will continue to squeeze our industry.
“The average 8 per cent increase in commercial rates, lowering of the payroll tax threshold and increased vehicle taxes will hit businesses who do the heavy lifting employing other tradies, while trying to get ahead in the face of other economic headwinds like increased fuel and materials costs, caused by the Iranian conflict. More also needed to be done to help businesses that employ apprentices.
“It’s also disappointing the ACT Government has failed to recognise the significant impact the 2045 natural gas ban will have on local plumbers and gasfitters, with no specific help for an industry transition through a proper plan. This gas ban isn’t necessary, and the Government could stop its progression right now to enhance future certainty for the industry,” Joe Prevedello said.
“The point also needs to be made that as residential rates increase beyond inflation, homeowners have less income to fund critical plumbing upgrades and maintenance to their homes. Additionally, many of the suburbs that will experience the largest rates increases are also those with more ageing housing stock that often needs more attention.
“We do welcome the specific Budget measures aimed at boosting housing supply in the ‘missing middle’ as well as funding to increase the pipeline of public housing developments, along with existing, earmarked public infrastructure.
“Master Plumbers ACT will continue to work with the ACT Government and its agencies to improve operating conditions for the plumbing and gasfitting sector with regards to gas, government taxes and red tape, assisting our wonderful educators at the Canberra Institute of Technology (CIT) and the need to crack down on dodgy and unethical plumbers who prey on vulnerable people,” Joe Prevedello concluded.








