‘Lifeblood of the city’: Melbourne Mayor’s support for small business

The council will also inject $100,000 in a bid to boost business events, such as conferences, forums, expos and various networking events.

“Over the past year, Melbourne’s retail vacancy has dropped to the lowest rate in the country at 10.7 per cent. “We’ve also seen positive signs across a range of Melbourne’s key economic indicators – including that 90 per cent more traders have applied for permits to upgrade their businesses compared to last year – which highlights trader confidence in the city.”

The potential site has sparked backlash due to its proximity to the Palace theatre, high profile restaurants, Parliament House and open parks.

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Insider knowledge: 3 top tips from small business ownersRachella Thomas and Tom Ward have both had to embrace change and take risks to find success as business owners - with plenty of bumps along the way. Here’s what they’d do differently if they had the opportunity to start afresh
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