This week, the Victorian Chamber welcomed the news that Victorian consumers will benefit from a massive injection of new electricity generation, with 900 megawatts of new capacity (enough to power 650,000 homes), to be built across the state.
The new generation capacity will be built as part of the Victorian Government’s renewable energy target (VRET), and the Victorian Chamber is pleased to see such an investment in new energy supply which will cut energy bills and grow jobs in the sector while reducing emissions.
In other news, we have continued to heavily promote our Stronger Business, Stronger Victoria campaign in the lead up to November’s State Election. Over the past two weeks, we have placed an emphasis on a key priority to increase the payroll tax threshold to $850,000, which we have done via new mobile billboards being positioned in high-profile sites around Melbourne.
Victorian small businesses are paying a tax they wouldn’t have to pay if they were operating anywhere else in Australia. Victoria’s $650,000 payroll tax threshold is now the worst in the nation, after South Australia’s recent payroll tax cut.
Ahead of the Victorian State Election, the Victorian Chamber is calling on bipartisan commitment to increase the payroll tax threshold and to encourage small and medium businesses to grow and employ more people.
Please keep an eye out around Melbourne for the Victorian Chamber’s billboards which will continue to promote our Stronger Business, Stronger Victoria campaign.
We have been continuing our discussions about this important business priority with the Victorian Treasurer, Tim Pallas MP and Shadow Treasurer, Michael O’Brien MP during our business election luncheons this week.
On the events front, in August, the Victorian Chamber was delighted to celebrate and acknowledge participants of our successful Internship Program with board members, member organisations, student alumni and university representatives.
As a result of the program, more than 300 students have had the opportunity to gain first-hand work experience while making significant contributions to many of our member organisations.
It was a pleasure hearing from the Hon Mark Birrell who fronted the development of the program during his time as Victorian Chamber President, and to also hear first-hand success stories from member organisation DFP Recruitment and Wesley College intern, Jason Chen, on their positive experiences with the program.
We look forward to the continued growth of this initiative and encourage our member organisations to take part and provide real opportunities for students to develop professionally and enhance their employment prospects.
Mark Stone AM
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For all other enquiries, please contact the Victorian Chamber on (03) 8662 5333.