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Chamber urges State action on payroll tax

Posted by Gold Coast Central Chamber of Commerce President Martin Hall on 10 June 2019
The Gold Coast's peak business body is urging the State Government to make cuts to payroll tax the priority in its budget due to be tabled in Parliament on Tuesday.

Gold Coast Central Chamber of Commerce president Martin Hall said payroll tax was hurting small business and killing jobs growth.

"Australia's and Queensland's economy is weak and it is at a tipping point," said Mr Hall.

"Interest rates are at record lows, GDP growth is slower than any time since the Global Financial Crisis, the property market is falling and household consumption is diving.

"Queensland needs a massive economic confidence boost and from the small  business sector's position the clear answer is to scrap payroll tax, or at least cut it for smaller businesses."

Mr Hall said that while scrapping payroll tax was clearly the most important desire for business owners, the Chamber had a long wish list for the State Budget.

Other items on the Gold Coast Central Chamber of Commerce's wish list include:

1.  Light Rail Stage 3A: The funding argument with the Federal Government over the full cost of Stage 3A needs to be resolved.
2.  M1 upgrade: The funding argument with the Federal Government over the full cost of Stage 3A needs to be resolved.
3.  Spit Masterplan : Adequate Funding needs to be put in place to ensure The Spit Masterplan is implemented and completed.
5. Buy local: The State Government's Buy Local campaign is not working. The State Government should follow the example of City of Gold Coast, which is sourcing more than 70% of its purchases from local businesses.
5 Electricity Prices: The State Government should implement changes which will reduce electricity prices for business owners and all Queenslanders.

The Gold Coast Central Chamber of Commerce has joined a statewide campaign to remind  people that small business is a big deal for jobs and the economy.

The Small Business is a Big Deal campaign features leaders from small and medium businesses and workers in a bid to bring employers and employees closer together, instead of driving them apart.

Small employers and employees are being encouraged to visit www.supportsmall.org.au/Gold Coast to get a free Small Business is a Big Deal sticker for their shopfront or work car, and use a specially designed social media frame to tell their own story on Facebook.
Author: Gold Coast Central Chamber of Commerce President Martin Hall
Tags: NEWS GCCCC

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Gold Coast 4230

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