‘Real mess’: Investment expert explains why Victoria ranked worst business state

Victoria ranked as worst business state as Motley Fool investment expert ridicules its 'real mess' of regulation and red tape

It is the second year the BCA has undertaken this report, with Victoria ranking the lowest in the 2023 version of the report for regulatory costs and trading. The business expert said the red tape planning systems “is not necessary” as the payroll taxes and retail trading hours, as well as property taxes, business licenses and worker’s compensation, were getting in the way of doing business.

The Motley Fool investment chief said he “can’t imagine” starting a café or business in Victoria due to the different rules and regulations surrounding food. Despite a Victoria government spokesman saying the state’s economy was “strong”, having “surged by more than 30 per cent” in the past three years, Mr Black said the southern state had “more work to do”.

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Australian companies furious after advanced defence technology project 'cancelled' following months of investmentA highly vaunted push to 'rapidly' develop disruptive military technologies into the Australian Defence Force is facing uncertainty, with local companies saying an initial project has been 'cancelled'.
Fuente: abcnews - 🏆 5. / 83 Leer más »

Give them a break: Cutting student debt is a good investmentWhile Australians should contribute to the cost of their tertiary education, the current system has imposed an unreasonable burden on many young people.
Fuente: smh - 🏆 6. / 80 Leer más »

ABC chair Kim Williams says investment and regulation needed to fund Australian storiesABC chair Kim Williams says investment and regulation are needed to fund the production of Australian stories, as he calls for the broadcaster to be 'aggressively, consciously ambitious' in its programming.
Fuente: abcnews - 🏆 5. / 83 Leer más »