Keystone Tasmania is funded by a levy prescribed in the Building and Construction Industry Training Fund Act 1990.

Payment of the levy is the responsibility of the "project owner". It is calculated at 0.2% of the estimated value of construction work on projects costing more than $20,000.

Keystone Tasmania consults widely and regularly with industry and key stakeholder organisations to identify prioruty areas for activity and funding support. 

In accordance with the Act, levy funds are allocated in order to support Keystone to:

  • promote training, and training pathways, in the building and construction industry;
  • promote the Board, and its aims and activities, to the building and construction industry;
  • liaise with appropriate training organisations and other bodies;
  • advise on, and provide input into, the development of training, and training pathways, within the building and construction industry;
  • review and evaluate existing training, and training pathways, within the building and construction industry;
  • promote equality of access to training, and training pathways, within the building and construction industry;
  • promote productivity, career opportunities and work safety within the building and construction industry through training and workforce development planning and pathways;
  • facilitate access to employer-provided training in the building and construction industry;
  • facilitate the equitable distribution, amongst employers in the building and construction industry, of resources relating to employment-related training;
  • facilitate the training of builders to improve skills and knowledge within the building and construction industry