Small business cringes at thought of a 2016 State Election

Tuesday 8 March, 2016 | By: Darrell Giles | Tags: State Election, referendum, State Budget;

The Chamber of Commerce and Industry Queensland (CCIQ) is urging the State Government to get on with the business of governing.

CCIQ Director of Advocacy Nick Behrens said the combination of a local government election, state referendum, federal election and now the distinct threat of a state election would hit small business hard.

“Four in every five businesses believe elections are bad for the economy and three major elections in 2016 would unquestionably be bad for the Queensland economy,” he said.

“Two in every three businesses report a reduction in sales during election campaigns. Businesses delay investment decisions due to uncertainty around party policies.

“And major infrastructure projects are stalled pending government approval, which delays the cascaded economic benefits.”

Mr Behrens said a third major election for Queensland in 2016 should be avoided at all costs.

“However, if the Palaszczuk Government does not have the numbers then it should move aside and give someone else an opportunity to govern,” he said

“The dilemma of the new uncertainty associated with Rob Pyne leaving the Queensland Labor Party means further uncertainty for the government’s ability to action its legislative, fiscal and economic policies.

“The problem the government has with the business community is that the more scrutiny on whether it is in a position to govern the more important issues of growing the economy and creating jobs are crowded out.

“Yet again we have the issue of minority government undermining the economy and jobs.

“Frustratingly for the business community, this undermines the good work that the government has underway.”

Mr Behrens said the State Infrastructure Plan would be released next week and preparation of a State Budget in June was well progressed.

“These are significant opportunities to invest in Queensland’s economic future and the business community does not need yet another distraction,” he said.

“At present, 44 per cent of small businesses believe the Queensland economy is going to weaken over the next 12 months, with the second largest influencer on their view being the inaction of the State Government, behind only the downturn in China.

“Get it together – action is what the state needs most now. It is a simple as that.”



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