VIC Business is hoping for a “Do No Harm” Budget

“With recovery still tentative, Victoria’s businesses are hoping that tomorrow’s Budget does no harm and imposes no additional imposts on businesses and employment,” Mr Tim Piper, Ai Group’s Victorian Head said today.

“Now is not the time to raise taxes, charges and levies that would slow the pace of investment and jobs growth. If we are to achieve the national ambition of full employment and strive for a strong rebound in Victoria, the private sector must be permitted to get back on its feet and position for future growth.

“Going beyond the imperative to ‘do no harm’, Ai Group is looking for a continued emphasis on infrastructure projects that lift productivity and amenity; greater backing for the development of workforce skills; business capabilities – particularly in relation to digital opportunities; and for innovation – including by attracting innovative businesses to the State.

“We hope this will be a Budget of positive measures, one that encourages business to pursue opportunities and create investment. This will enable increased jobs, careers for young people and an improving economy which will provide a stronger and more reliable base for improved living standards and future revenue growth,” Mr Piper said.

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