Peter Vaughan

Welcome to the August issue of xpress.

Elections bring uncertainty throughout the business community and we’re still a week out from the Federal election.

With the business community facing many challenges, these next two weeks can’t pass quick enough as businesses look to build some momentum heading towards the end of the year.

Business SA recently released a pre-election Federal Election 2010 Top Forty, designed to inform and influence the Federal Government to implement reforms across national issues that will be beneficial to local business and the economy more broadly.

This document has been sent to all South Australian Federal candidates and other key leaders, and we look forward to their response to our 40 recommendations. We look more closely at the document in this xpress.

Business SA and the Australian Chamber of Commerce and Industry (ACCI) recently hosted a successful business dinner at the National Wine Centre.

The dinner was held the evening before the ACCI’s General Council Meeting here in Adelaide.

Guests included leaders from employer chambers and industry associations from around the country and State and Federal members of Parliament. More information about the evening is also covered in this issue of xpress.

Business SA was pleased to host a successful Business Leaders Consultation Breakfast Workshop to discuss the State Government’s recently released Skills for All report.

This provided a valuable opportunity for the business community to highlight skill shortage issues directly to Jack Snelling, the Minister for Employment, Training and Further Education.

In November last year, Business SA released its own training and skills reform document and it is pleasing that a number of our recommendations have been reflected in the Skills for All document.

The State Budget will be released next month and in the coming weeks Business SA will unveil its State Budget submission.

Here in South Australia we have one of the most burdensome business tax systems in the nation and a low tax environment is vital for business to remain competitive, provide employment opportunities and facilitate a high standard of living.

Last month, the State Government announced that next year we will have a five-day Easter long weekend.

This long weekend will attract more tourists to South Australia and the last thing we want to do is turn money away from the local economy and shut up shop for the weekend.

We would expect an announcement regarding shop trading hours over the Easter weekend as soon as possible following consultation with stakeholders.

We welcomed the Reserve Bank’s decision to leave interest rates on hold last week. Recent CPI and retail figures confirmed the need for rates to remain on hold and we expect rates to remain at the current levels for the remainder of the year.

Business SA’s latest networking event was held at Wallmans Lawyers and once again it was a great success with a large crowd in attendance. A full wrap-up is provided in this edition of xpress.

It’s another busy issue of xpress as we also have a look at the assistance being offered from Business SA and we catch up with a couple of Business SA members.

Until next month

Peter Vaughan

Adelaide Office

Level 1
136 Greenhill Road Unley
South Australia 5061

P 08 8300 0000
F 08 8300 0001

 


 

Member of
 

Business SA is a proud member of the Australian Chamber of Commerce and Industry (ACCI)