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News and media

economy

Employees’ financial wellbeing is good for business

Increased cost of living is the number one issue facing many Australians today. It’s also likely affecting the emotional and financial wellbeing of your employees.

01 May 2023

economy

Small Business Energy Incentive revealed

The 2023-24 Federal Budget will allocate $314 million towards a new energy program aimed at lowering business power bills and emissions.

03 May 2023

economy

Federal Budget delivers modest business relief

The fundamentals of defence, skills and the transition to a net-zero economy are clear winners in an otherwise modest 2023-2024 Federal Budget that focuses on cost-of-living relief.

State and Federal Budgets

10 May 2023

esg

Combining incentives to boost business solar

Solar power is now more accessible for small and medium businesses through measures announced in the 2023/24 Federal Budget combined with Victorian incentives.

12 May 2023

economy

Business boost as commercial stamp duty phased out

The Victorian Chamber of Commerce and Industry welcomes the Victorian Government announcement to replace stamp duty for commercial and industrial properties with an annual property tax.

22 May 2023

economy

‘Two parts’ to State Budget: Pallas

Treasurer of Victoria Tim Pallas told Victorian Chamber guests that the 2023/24 Victorian Budget was “a really difficult budget” but was confident of the path ahead for business in the State.

24 May 2023

federal government

ATO late lodgement leniency for small business

The Australian Tax Office (ATO) recently announced a Small Business Lodgement Amnesty Program to allow businesses to bring outstanding tax returns and business activity statements (BAS) up-to-date.

26 May 2023

education and training

Helping business tackle the jobs and skills shortage

The Australian Government’s latest data reveals skills shortages remain across many sectors and in regional areas. If your business needs to fill its skills gap and future-proof its workforce, the Victorian Chamber can help through a range of training programs, staffing solutions, workplace support and more.

01 June 2023

federal government

FWC raises minimum wage by 5.75 per cent

The Fair Work Commission (FWC) has increased award and minimum rates of pay by 5.75 per cent from 1 July 2023.

02 June 2023

economy

The ATO focus areas for 2022/23

As the end of the financial year approaches, it's important for business owners and taxpayers to be aware of the Australian Taxation Office's (ATO) key focus areas this financial year. Understanding these focus areas can help keep you on the right side of the ATO and minimise the risk of audits or penalties.

21 June 2023

economy

Get your business ready for EOFY

EOFY is the perfect time to review your business performance and set your goals for the coming year. Did you achieve what you planned this financial year? Look ahead to set new goals and re-align your business focus.

27 June 2023

economy

Training and tech tax boost for business

Two incentives to support small and medium businesses to train and upskill employees and improve their digital capacity are set to deliver more than $1.5 billion in tax benefits.

30 June 2023

federal government

Supporting National NAIDOC Week in 2023

The Victorian Chamber of Commerce and Industry acknowledges that the land we live, work, learn and support business on is the land of the Traditional Custodians, collectively the Indigenous Communities of Victoria.

05 July 2023

esg

Business faces climate reporting deadline in Australia

Consultation is underway to determine how Australia’s largest businesses and financial institutions disclose their impacts on climate change – and how this will have a flow-on impact on small, medium and family enterprises (SMFEs).

11 July 2023

economy

Regional Victorian Commonwealth Games cancelled

The Victorian Government will not proceed with hosting the Commonwealth Games in 2026, advising the Commonwealth Games Federation (CGF) and Commonwealth Games Australia (CGA) that it will be terminating the Host Agreement.

20 July 2023

economy

“Victoria needs a better tax system”: State Opposition

A new discussion paper launched by the Victorian Opposition encourages people to have their say on Victoria’s tax system – which has introduced 50 new or increased taxes since 2014 and is described as “discouraging investment and job creation in our State”.

27 July 2023


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