Original article by Geoff Chambers
The Australian – Page: 1 & 4 : 3-Dec-24

The Business Council of Australia has released a report which ranks Victoria as the worst state or territory as a place for doing business. The BCA has assessed each jurisdiction based on factors such as red tape, payroll taxes, retail trading hours, property taxes and planning regimes. BCA CEO Bran Black says Victoria has some of nation’s least competitive property taxes, payroll taxes and business licensing requirements; he contends that the state’s regulatory environment is putting a ‘handbrake’ on its economy. The report concluded that South Australia is the best state or territory in which to do business, ahead of Tasmania and the ACT.

CORPORATES
BUSINESS COUNCIL OF AUSTRALIA