Business advocates for a transformative State Budget according to Victorian Chamber of Commerce and Industry Chief Executive, Paul Guerra
View the VCCI State Budget Submission
AFLConnect supporting partner, The Victorian Chamber of Commerce and Industry, has presented its 2024-25 Victorian Budget submission. It calls for a stop to imposing additional costs on business, while empowering the private sector to launch our state into economic prosperity.
The Victorian Chamber of Commerce and Industry, representing more than 85,000 members, clients and customers across all sizes and sectors, has developed our submission through extensive industry consultation including survey data. The document outlines 44 policy recommendations, aimed at steering Victoria through challenging economic times.
The Submission underscores that Victoria's current status as the most expensive state to do business in Australia hinders local and international investment.
The Submission is divided into four sections:
Each section provides targeted recommendations to enable businesses to thrive, ease the overall business environment, grow business productivity and propel regional businesses into the future. The recommendations include:
The proposed recommendations, if adopted, will not only support businesses but also contribute to the overall economic prosperity of the state.
"Enabling businesses to prosper translates into more jobs, more opportunities and better economic outcomes for all. “Victoria faces financial challenges that demand a transformative growth strategy while managing costs to set us on a path to economic prosperity which is the cornerstone for the wellbeing of all Victorians. “Our 44 policy recommendations, grounded in meticulous data analysis and industry consultation, advocate for business-centric budget priorities. Collaboration between the public and private sectors is essential for a commerce and confidence-led recovery, making Victoria the best place to live, work, learn, and operate a business. “We aim to position Victoria as a global player by leveraging international offices and Commissioners for export opportunities, investing in domestic businesses, and fostering growth. By preparing a solid foundation, we can seize the opportunity of productivity, connectivity and prosperity for all, ensuring Victoria remains the 'Best State in the Lucky Country' for generations to come.” – Paul Guerra, Chief Executive, Victorian Chamber of Commerce and Industry.
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