When it comes to running or starting a business in Australia, not all states and territories are equal. According to the Business Council of Australia, Victoria is ranked last in improving business fundamentals due to its high property taxes, payroll taxes, and business licensing requirements. Western Australia was criticized for having the worst retail trading hours, while Queensland is commended for a standardized rate on premiums for workers compensation schemes.
The Northern Territory has no legislated trading hour restrictions, making it easier for shops to stay open. Tasmania, while not topping any categories, is recognized as a well-performing all-rounder with lower payroll taxes and property charges. South Australia aims to be a top destination for business investment
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