State Budget 2019
This State Budget should be about job creation.
Queensland small businesses are the engine room of private sector job creation and as such, this State Budget must deliver a suite of policies to make Queensland the best place in the world to start and grow a business.
The 2019-20 State Budget must also demonstrate to Queensland employers that the state economy is robust, no new taxes or charges will be imposed on small and medium enterprises and the government has a clear plan to address the South East Queensland versus Regional Queensland divide in economic opportunity.
Small business profile in Queensland
CCIQ’s pre-budget submission puts forward a series of policy levers available to the State Government to which all sides of politics can pledge their mutual support to ensure small business remains front and centre in driving Queensland’s economy forward into the future.
The Queensland Government states in Our Future State: Advancing Queensland’s Priorities that creating jobs in a strong economy is a chief government objective. The government’s stated aims are to create jobs, increase private sector investment, and engage more Queenslander’s in education, training or work. CCIQ is of the view that it is the small business sector that is key to achieving those specified outcomes and identified priorities of government.
To achieve job creation, the State Government must use this budget to remove inhibitors to small business growth such as the complexity of taxation and compliance activities, the challenges of staff recruitment and attainment, and skills shortages in addition to unlocking the factors that spur small business growth such as increased export capacity, innovation, and digital investment.
The challenges facing Queensland’s economy are diverse, but the current and emerging opportunities for businesses are also varied, particularly in sectors such as the service and visitor economics, advanced manufacturing, health and defence. For Queensland businesses to best take advantage of such opportunities, they need to be operating in a cost competitive environment with access to world class infrastructure and skills.
Small businesses are change agents and agents of change. With deep knowledge and access into the small business sector, CCIQ are the acknowledged experts all things small. We constantly communicate with our members and the broader business community to ensure our advocacy speaks to their collective needs. The following recommendations for the 2019-20 State Budget are what Queensland small businesses most need to ensure they continue to grow, invest, and employ.
CCIQ implores the Queensland State Government to carefully consider the recommendations contained herein. This State Budget must the vision for Queensland’s economy, and the foundations for our economic trajectory, to give small businesses confidence and certainty to employ more Queenslanders.