Helping Builders Thrive: Xact Accounting and BuildUp Australia Team Up

Phil Brown 30 October 2024

The building and construction industry has always faced unique challenges—tight deadlines, physical demands, and financial pressures that can significantly impact mental health. At Xact Accounting, we see firsthand how these pressures affect business owners and apprentices alike, making financial literacy and mental well-being key focus areas for our support.

That’s why we’re excited to collaborate with BuildUp Australia to help make a real difference in the lives of business owners and apprentices in the building industry. Co-founded by Adrien Mamet, BuildUp Australia aims to empower builders and tradies by providing them with access to financial benefits, resources, and guidance that can make all the difference in growing successful business. The other core feature of BuildUp is the is the support members get from their peers through regular meet-ups with a dedicated group of members.

Daniel Wilkinson, Partner and Client Director from our CFO Advisory Team shared, “We know how challenging things can get, particularly as a business grows… you can often feel like things are getting out of control. The stress that financial difficulties can place on an individual’s mental health cannot be underestimated. By partnering with BuildUp Australia, we hope to not only assist business owners in becoming financially stable but also help to improve their overall well-being.”

Adrien Mamet shared, “We understand the vital connection between financial health and mental well-being, especially in such a demanding industry. That’s why we’re thrilled to have Xact on board, with their deep expertise in building and construction, to provide the financial insights and support that our members need to thrive.”

Through this partnership, business owners can access support from Xact Accounting to help manage and grow their construction businesses successfully, including resources on best practice commercial accounting like budgeting and cash flow management tools and workshops — all aimed at setting them up for long-term success in the industry.

“We’re looking forward to working closely with Adrien and his team”, Daniel continued, “to provide ongoing support to BuildUp members and make a real difference in their financial literacy and stability”.

Discover more about BuildUp Australia and their vision for a better building industry Business Owners – BuildUp Australia.

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