The leader of a peak industry body has urged against panicking amid data that shows an exodus of businesses in Victoria.
was the sole state to have fewer registered businesses last financial year.
Victorian Chamber of Commerce and Industry Chief Executive Paul Guerra said over the past few years a “significant” number of businesses have opened their doors. “Yes, it’s a blip but it’s not time to panic but it is time to put a floor underneath this and start to look forward.” Victorian Chamber of Commerce and Industry Chief Executive Paul Guerra said over the past few years a “significant” number of businesses have opened their doors. Picture: NCA NewsWire / Andrew Henshaw
In July he said it’s"certainly not getting easier” for companies in Victoria, pointing to the state’s payroll tax rate of 4.85 per cent.
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