Victorian businesses have thrown their overwhelming support behind a 10-year economic plan to power Victoria’s future.
A survey of more than 1,000 businesses by the Victorian Chamber of Commerce and Industry ahead of the State Election on November 26 found:
- 83 per cent of respondents want the payroll tax threshold brought into line with New South Wales to make it more competitive
- 82 per cent called for stamp duty to be replaced to encourage labour mobility.
- 82 per cent want a structured 10-year manufacturing plan and Government partnership that profiles local manufacturing and supports ‘buy local’ initiatives
- 75 per cent of respondents don’t believe they are getting enough support to deal with increased energy costs
- 70 per cent support regulatory reform to allow for easier business investment.
- 85 per cent support making the Victorian procurement processes and system more accessible and streamlined for small, medium and family-sized enterprises.
- 91 per cent support reducing youth unemployment to help address the lack of skilled labour
- 61% support a relocation payment scheme for key industry workers to relocate to regional Victoria.
- 73% would like to see a government scheme to expand housing supply in regional Victoria.
- 82% support setting up regional development precincts to develop industries and skilled workforces to boost regional growth and innovation.
To be attributed to Victorian Chamber of Commerce and Industry Chief Executive Paul Guerra:
“This is an important survey as it demonstrates the clear priorities for Victorian businesses as they recover from the pandemic and look ahead to the future.
“Business is clearly saying they want policies that ease the cost of doing business, build Victorian industries, grow Regional Victoria and enable businesses by building a skilled and expanding labour force.
“Business wants Victoria to be the best state to live, learn, work and own and operate a business and believe we need to take proactive steps to achieve this to ensure that we don’t fall behind the rest of Australia.”
