Small Business Strategy Nsw – We’ve combined the latest research, insights and advice from over 100 experts to create this strategy. The consequences are changing workplaces and supporting workers.
In 2017, we brought together experts from academia, government, business and people with real-world experience of mental illness to develop the first workplace mental health strategy.
Small Business Strategy Nsw
In 2021, in response to impacts such as COVID-19, wildfires and drought, we again used expert knowledge and advice to inform strategy.
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The strategy’s updated actions and initiatives (PDF 1.23MB) ensure businesses continue to have the mental health support they need.
We led the creation of the benchmarking tool to measure companies’ ability to provide mentally healthy workplaces and track improvements over time.
The tool’s most recent survey had 12,000 respondents and yielded a new database of 75,958 jobs taking effective action.
This data has been used extensively, including by health and safety authorities across Australia and bodies such as the Productivity Commission.
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We have named passionate business leaders as Mentally Healthy Workplace Ambassadors to raise awareness of mental health by sharing their experiences and driving change in their industries.
We have worked with high-risk industries to increase their awareness and action on mental health in the workplace, e.g. B. supporting the transport industry through the Healthy Heads in Trucks and Sheds initiative.
We also hosted the first SafeWork Mental Health Forum for legal professionals to share ways to reduce the risks of poor mental health at work in their industry.
We ensure that the voices of people who have recovered from mental illness in the workplace are heard and considered in government through the Living Experiences of Recovery in the Workplace Reference Group.
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We inspire companies to create mentally healthy workplaces by sharing video success stories from workplaces that have participated in free mental health programs and are achieving great results. With the NSW general election just days away, voters have little time to assess the flood of promises poured out by both the existing Liberal-National coalition government and their Labor challengers.
While not an exhaustive list of policies set to affect the industry, here are the measures both the Coalition and Labor have unveiled to small businesses ahead of the March 25 poll.
The Coalition’s Small Business Platform serves one overarching goal: to have 1 million small businesses operating in NSW by 2030, up from around 840,000 in 2023.
Beyond specific measures aimed at making life easier and cheaper for small business owners, the coalition says it will take an entrepreneurial approach to all aspects of its operation.
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Each “cluster” state must produce a small business value statement, the policy documents say, with departments tasked with issuing small business impact assessments for new policies, regulations and major projects.
As part of its plan, the NSW Government will work with the Commonwealth to allow small businesses to submit their income tax returns directly to Australian Inland Revenue, bypassing the annual income tax settlement.
This simple system, which allows businesses to submit monthly payroll tax returns to both the Australian Taxation Authority and Revenue NSW, will cut red tape for around 52,000 businesses, according to Labor.
The coalition’s tax policy starts with a slightly simpler promise: no new taxes on small businesses under another Lib Dem government.
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His small business plan celebrates existing tax policies, including lowering the payroll tax rate to 4.85 percent for much of the COVID-19 pandemic and raising the payroll tax threshold to $1.2 million in 2020.
Since the basic market offers are extended only for energy, the federal government has made it a priority to reduce energy prices for 2023.
It has committed to co-funding US$1.5 billion to help ease energy bills for households and small businesses across Australia, matching state and territory contributions.
If elected, Labor says it will use that support to create a $485 million energy relief fund that will provide $315 per energy bill.
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When combined with Commonwealth contributions, an estimated 320,000 small businesses are eligible for a $630 rebate.
Instead, the Coalition’s new energy bill savings plan is aimed at households, with $250 rebates for those looking for a better electricity deal on the NSW Government’s comparison site.
A NSW Labor government, if elected, will give a major boost to small business procurement and promise to more than double the value of small business spend from the current 12% to 30% by the end of the decade.
To that end, the party has pledged to “burden” local businesses bidding for government contracts, raise the direct procurement limit from $150,000 to $250,000 and reduce red tape related to qualifications and the insurance underwriting to be abolished
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If re-elected, the coalition says it will add an extra $2 billion to the value of small business supplies by the end of the next term, bringing estimated government spending on SME goods and services to $10 billion over the period the dollars will be brought in.
The coalition also celebrated its first payment deadline results this month, claiming it paid almost 98% of small business bills within five days.
Amid concerns about the wall of red tape Australian business owners have to climb before they can actually start their business, both parties have announced plans to cut red tape.
For Labour, this looks like the creation of the NSW Business Bureau, an advisory body that links SMEs with government and its various business-oriented functions.
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The party claims the proposed entity will help small businesses meet regulatory requirements and cut red tape.
The panel echoed Labour’s commitment to boosting small business procurement and would provide information on tenders and grants alongside other government programmes.
In addition, the NSW Business Bureau will support the state’s small businesses to offer their goods and services overseas, Labor Claims said.
The coalition also sees bureaucracy as an enemy to be defeated and is committed to appointing a NSW Chief Bureaucracy Officer.
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NSW Productivity Commissioner Peter Achterstraat is likely to be named “Red Tape Czar” under the plan and tasked with saving $1 billion from red tape.
They will be armed with a powerful weapon in this fight: a government-wide “one-for-one-out” policy, which requires ministers to find a rule or regulation that should be scrapped when they present a new proposal.
The coalition’s campaign statements did not outline the exact boundaries of this plan to cut regulations or which areas, such as environmental regulations, might be considered deadlocks.
Building on Labor’s push into procurement, the party claims it will create a dedicated small business charter that will effectively enshrine how the NSW Government deals with SMEs.
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Key to this process is a commitment to develop “new processes and key performance indicators” around the small business sector, which will help guide the Labor government’s decision-making in the sector.
A re-elected coalition government would hold an annual skills summit that would give the media a direct audience with government officials.
Strengthening the state government’s digital capabilities is also on the coalition’s agenda through the creation of a dedicated digital ‘hub’ that connects media outlets with relevant information and government resources.
While both parties champion green initiatives in their own way, these proposals are more about the broader side of the industry.
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For Labour, it’s all about a $1 billion government clean energy company and an end to further privatization of energy assets. For the coalition, it’s about $1.5 billion for a “superpower” clean energy fund that will promote the adoption of solar panels and community batteries, among other green initiatives.
However, some guidelines apply to smaller traders. For example, the coalition says that if re-elected, it will produce guidance on energy reporting and climate change adaptation by the end of 2023, aimed at improving the preparedness of small businesses.
Both parties have also revealed major EV and EV charging promises, which you can read about here.
Hospitality businesses operating under a Labor government can expect a simplified outdoor dining application process, aimed at reducing the time it takes traders to get approval from both their local council and the NSW Government.
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A NSW Labor government will also push for increased penalties for those who assault a shop worker open to the public, a move welcomed by both industry groups and unions.
Elsewhere, the coalition’s 2023-2036 plan promises $1,000 in funding for small and micro businesses to help them get professional support and advice.
After shocks to the supply chain caused by COVID-19 restrictions, a wave of natural disasters and wars overseas, a re-elected coalition will appoint a supply chain officer to tackle specific transport and logistics problems.
Given the myriad ways the pandemic lockdowns have transformed Australia’s workforce, the Coalition says it will work with Canberra to improve immigration policies to help small businesses find the staff they need.
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Energy bill crisis: Small businesses face price hikes as standard offer adds $1,700 to typical Victorian bill Electricity bills for small businesses based on ‘standard’ energy offers are set to rise between 15% and 33% from July this year year Regulators are now urging troubled companies to seek government bailouts to deal with the looming bill shock.
ACT’s NSW expansion unsettled by collapse of key construction firm Ginninderry Subcontractors, creditors and clients are scrambling to figure out where they stand after the PBS building collapsed and was put into voluntary administration, owing at least $25 million and the company gone