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News and media

policy and advocacy

2023 State Budget: Tax hikes, job cuts and stamp duty reform

Today’s State Budget of new and increased taxes and levies will hit medium to large businesses and property owners. It will directly impact jobs and investment in Victoria.

23 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

health safety and wellbeing

WorkCover premium hike to hit business

WorkCover changes announced today will see premiums increase by more than 40 per cent, changes to mental health eligibility and the creation of a new pilot program for impacted workers.

19 May 2023

policy and advocacy

Business slugged with 42 per cent increase to WorkCover premiums

Today’s State Government announcement of a 42 per cent increase in WorkCover premiums to 1.8 per cent makes our scheme the most expensive in the country and is yet another increase to the cost of doing business in Victoria.

19 May 2023

policy and advocacy

Latest Business Voice survey shows a confidence drop

The Victorian Chamber’s third Business Voice trend survey has revealed a drop in confidence concerning business’ revenue growth with almost one-third of businesses responding that they are less likely to recruit new staff, compared to one in four just six months ago.

17 May 2023

policy and advocacy

Business confidence drops amid economic headwinds

Victorian businesses are bracing themselves for lower revenue growth and slowing staff recruitment in the coming months as the cost-of-living crisis hits, the latest Victorian Chamber of Commerce and Industry survey reveals.

16 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

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

policy and advocacy

Business provides the platform for surplus in a modest Budget

The Victorian Chamber welcomes the Federal Government’s 2023-2024 ‘Stronger foundations for a better future’ Budget which delivers a $4.2 billion surplus. The fundamentals of defence, skills and the transition to a net zero economy are clear winners in an otherwise modest budget with few surprises.

09 May 2023

education and training

Chamber roundtable to tackle careers services

Improved careers services and advice is increasingly important in a labour market characterised by skills and labour shortages, skills mismatches and perceptions of vocational education and training (VET).

03 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

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

Business can save economy

There has been a real shift over the past few weeks which should not be mistaken for the encroaching chill of our impending winter.

29 April 2023

policy and advocacy

Special General Meeting Friday, 19 May 2023

The Executive Council has called a special general meeting of members to consider and, if thought fit, approve the Victorian Chamber of Commerce and Industry's proposed change in entity type from a body corporate established under the Fair Work (Registered Organisations) Act 2009 (Cth) to a company limited by guarantee registered under the Corporations Act 2001 (Cth). The special general meeting will be held on 19 May 2023 at 9:30am at Level 3, 150 Collins Street, Melbourne VIC 3000 and online, using online platform Zoom.

27 April 2023

economy

Innovation key to Victoria’s net-zero transition

The shift to a net-zero economy will require a collective effort but is a challenge Victoria can rise to with the right mindset and the right actions, enabling government and industry to work together to reach our emission targets and seize the economic opportunities for Victoria.

ESG

12 April 2023

esg

ZEN Energy: Committed to renewable solutions

According to ZEN Energy CEO Anthony Garnaut, while Victoria is not the sunniest place in Australia, “it's a lot sunnier than Germany”, meaning the cost of solar even in Melbourne is a lot cheaper than building a solar farm in the sunniest part of Germany. 

ESG

04 April 2023


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