The release of the Victorian government’s budget is receiving praise from those in this industry for its realistic and no-nonsense approach.
The latest budget is aimed at supporting industry members through infrastructure boosts, manufacturing and business support and – in a surpising development – a WorkCover premium reduction of three per cent.
Australian Industry Group director Tim Piper has commended the government for its industry support, both in terms of project investment and workplace support.
“The Victorian government has managed to pull a rabbit out of a hat as well as keep a lid in some areas,” he says.
VECCI industry policy manager Steven Wojtkiw noted that the practical nature of the budget will allow employers to cut costs and save money while still allowing for the positive growth of Victorian businesses.
“This budget is a plus for business,” says Wojtkiw.
In a country that is battling with issues concerning industry businesses, especially small business and the manufacturing sector, the budget and the WorkCover changes are a welcome confidence boost.
“Small business owners are likely to regard this budget as responsible and balanced and therefore they hope it will improve consumer and business confidence,” says Victorian Automobile Chamber of Commerce spokesman David Russell.
Many in the industry are still pushing for small-scale infrastructure boosts state-wide to support the troubled sectors on a grassroots scale. The budget, by most standards, has been marked as fair, decisive and supportive of those in the workplace. With time, and a positive delivery of all that is being promised, confidence may well be regained in the struggling business and manufacturing industries.
