Victoria is the hardest place in Australia to do business, says survey
National companies call it the highest-taxing state with the largest public sector and most red tape. Only 7 per cent praise Daniel Andrews’ government.
www.afr.com
Victoria has been ranked as the highest-taxing state with the largest public sector and most red tape, making it one of the hardest places in the country to do business, a damning new report finds.
More than half the national businesses polled said Victoria was the hardest state to do business in. Four out of five said they had difficulty accessing the labour and skills they needed and only 7per cent said the Andrews government was doing a good job of reducing the cost of doing business.
Victoria ranked sixth in labour productivity due to the low output per worker and hours worked, and seventh based on the average number of permits to start a business (the lowest excluding the ACT).
Not good. What do Victorians think is the best way to fix this?Victoria also ranked last in terms of the largest public service – a five-year average of the population employed in the public sector as a proportion of the total employed population – and more than 80 per cent of respondents said the culture of government regulators was a barrier to doing business.