Formerlly Business SA. Your success is our business.
Backing our members and their passions to create a stronger SA.
3,000+ SA businesses and counting.
The South Australian Government has delivered a ‘safe’ State Budget that fails to address the pressing needs of the business community, according to Andrew Kay, Chief Executive of the South Australian Business Chamber.
The Fair Work Commission has announced that employees on Minimum Wage and those who are paid under Modern Awards will receive a pay increase of 3.75% from 1 July 2024.
More to come.
Tonights budget emphases the need for the state government to step up its support for businesses in the state budget, following negligible assistance provided federally.
In a 12 point submission to Treasurer Mullighan ahead of the June budget, the South Australian Business Chamber has highlighted the critical need for the government to reduce the cost imposts being faced by businesses and provide support to help drive productivity and encourage entrepreneurship and business growth.
Full submission here 👇
https://t.co/BUwy0yQRHM
The future of the 26 year old Young Entrepreneur Program is in serious doubt if the state government does not re-commit to its support.
https://t.co/71X8Z0qVB1
For 26 years, SAYES has been a beacon for thousands of local entrepreneurs, aiding them in starting and scaling their businesses. The government funding that has supported the program ran out in December 2023, and any future funding is yet to be confirmed. Without that support, the South Australian Business Chamber cannot sustain the program in a manner that serves the needs of young entrepreneurs.
🍷 BREAKING 🍷
The South Australian Business Chamber represents a significant amount of South Australia’s wineries and provides export document stamping for thousands of businesses across the state.
Andrew Kay, CEO of the South Australian Business Chamber knows the Chinese market very well, having spent more than 20 years in the wine industry representing Australian wineries. In welcoming today’s news, he advised local businesses to proceed with care and manage expectations.
“This news will certainly boost the spirits of a sector that is going through tough times, just as they wearily harvest the last grapes of vintage 2024,” said Kay.
“While no one can guarantee how the Chinese market will respond, it is unlikely we will return to the halcyon days, at least in the short term.
“It is important we learn from history and for South Australian wineries to view this news and their response from a strategic, rather than opportunistic perspective,” he cautioned.
Mr Kay emphasised that it’s best to consider China as you would any other export market with high potential.
“Build your networks and build your brand for a sustainable future”, he said.
China to remove all duties on Australian bottled wine from tomorrow. Big development for the SA wine industry. More details @abcadelaide news at 7PM. #saparli
@indaily - “When the reward for creating jobs, saving a struggling business or adding to the complexity of the state’s economy is a large tax bill, the problems with this tax are clear.”
https://t.co/VeZezMYDpW
The abolition of payroll tax by any government is highly unlikely, however, we believe there are opportunities for reform that will not only make South Australia more economically competitive but support our state as we take on the ambitious defence, energy and infrastructure projects that lay ahead.
Today's announcement from the Australian Energy Regulator that small businesses on a default market offer will receive an average of $481 savings per year, will only impact 15% of SA businesses.
Ahead of the state budget, the South Australian Business Chamber has proposed replacing the existing state/federal government $650 co-funded energy rebate scheme with a state-based programme, increasing it to $1300 in rebates distributed over four quarterly instalments during the 2024 – 2025 financial year.
Results from the December quarter South Australian Business Chamber and William Buck Survey of Business Expectations are out now.
See the full findings at https://t.co/OkHtka7zAr
"The cancellation of such a large event in Adelaide will have a profound ripple effect on local supply chains" - Andrew Kay - CEO
https://t.co/ma5o3qzaoP
新年快乐���龙行龘龘!
The team at the South Australian Business Chamber wishes everyone celebrating a year filled with happiness, prosperity, and good fortune.
Happy Lunar New Year 🐉🎊