Action Statement Released

A message from the Minister for Small Business, Philip Dalidakis - 13 June 2018

REFORMS SAVING MILLIONS FOR VICTORIA’S SMALL BUSINESSES

A Victorian Government drive to cut red tape and help businesses grow is set to save small tourism and retail up to $138 million a year.

New reforms that are part of the government’s Small Business Regulation Review will ease regulatory burden and streamline approvals processes for businesses in both sectors, saving small retail business up to $131 million and the tourism industry businesses up to $7 million each year.

By cutting red tape and reducing regulatory burden, the Victorian Government is giving small businesses the chance to grow and thrive, make more contributions to the economy and create jobs throughout the state.

The Retail Action Statement reforms will also give small businesses more information on what it takes to start and grow a business, simplify retail leases, and make food safety regulation fairer and easier to understand.

Reforms in the Visitor Economy Action Statement will make it easier for businesses across the state to set up events and festivals, grow new and innovative ideas, and simplify tourist road sign applications.

Looking through the eyes of Victoria’s key small business sectors, the Small Business Regulation Review aims to understand how to simplify process and reduce unnecessary red tape so businesses can grow and prosper.

Each action statement is the result of Victorian Government engagement and consultation with hundreds of businesses throughout the small business retail sector and the tourism industry across the state.

Victoria’s visitor economy makes enormous contributions to the state supporting the jobs of more than 208,300 people throughout the state and generating $23.3 billion for Victoria in 2015–16.

Small businesses are the backbone of the economy with more than 576,000 small businesses across the state, making up 44 per cent of private sector jobs and contributing one third of Victoria’s goods and services output.

Working in collaboration with regulators, policy makers, event organisers and small business owners, we have developed a suite of reforms that will address issues that can hold back small businesses in the visitor economy.

Project status update 2018

The final Visitor Economy Action Statement was released on 13 June 2018.