There is a time for diplomacy and a time for direct action. To the 100 local chambers of commerce, thousands of employers, and countless employees who helped us amplify our voice to the government over the past fortnight, thank you! As your industry association, it is our duty to apply pressure when necessary so that small and medium enterprises have immediate support and as many Queensland jobs as possible are protected.
On the 24 March, the Queensland Government announced a $2.5 billion range of business support measures which will go a long way to helping many of our small and medium-sized businesses copy with coronavirus impacts over the coming months incorporating:
- immediate payroll tax refunds for business, meaning no SME will pay payroll tax this year
- support for displaced workers and direct industry assistance measures
- rent relief for businesses in government premises
- liquor licensing waivers in 2020/21
The package provides hope for anxious employers, but what is missing is support for the 288,000 sole traders in Queensland who are being directed to the Federal Government Newstart safety net. Tell us what you think of the extra support on Facebook and LinkedIn.
While slow to arrive, we acknowledge and thank the Treasurer for listening and responding. Queensland’s economic survival package has now gone from the smallest to the largest in Australia in dollar terms.