Hot Leasing 12 months on …

It’s now 12 months since the Minister launched Hot Leasing so we thought it was time to take a snapshot of how far Hot Leasing has come.

To date there are 30 approved Hot Leasing agreements with registered training organisations delivering high risk work licensing training in forklift, EWP, scaffolding, swing stage and asbestos removal as well as safety courses in work at heights, rope access and rescue and confined space.

As well as South East Queensland and wider Queensland, Hot Leasing has drawn RTOs from Western Australia, Victoria and New South Wales.  Some have even taken up residence at CTC as new tenants!

Usage has been cyclical, in keeping with industry trends.  Early on, EWP and asbestos removal were in high demand while more recently swing stage and heights training have kicked on.  Forklift has remained consistent. We have capacity to do more however.

Unfortunately we have not been able to secure the interest from industry to invest in dogging and rigging but talks continue with RTOs in that space.  The partnership with our tenant Lifting Skills to offer access to crane training remains strong but we could do more in this space.

Overall, Hot Leasing has been a success and continues to improve.  We are exceeding our breakeven point for the financial year and are ahead of our business plan usage level.

“As the only facility of its kind in Queensland and Australia, Hot Leasing represents a unique opportunity for RTOs to access state of the art training equipment and structures specifically designed for high risk work licensing and safety training, right in the centre of Brisbane”, Phil Diver, CEO of CTC said.

“That said, at times we have had to forge ahead with no other model for guidance. We are always open to suggestions about how we can improve on our model to make it easier to use and used more frequently”, he added.

Realising that industry is doing it tough at the moment we are looking at how we can respond.  We plan to send out a survey shortly seeking views. In the meantime we’re offering an of Financial Year Promotion, details of which you can read here.

Hot Leasing and RTOs…we think this is an unbeatable combination.

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