STRENGTHENING THE FUTURE OF SMALL BUSINESS IN TASMANIA

Madeleine Ogilvie MP, Minister for Small Business

The 2022-23 State Budget is about strengthening Tasmania’s future, and we recognise that continuing to provide nation-leading support to our small business sector is vital to growing Tasmania’s economy.

The Budget includes $50,000 for a Small Business Advocate to work with Business Tasmania, on a future-facing customer service project that will make it easier for small businesses to do what they do best.

This project aims to reduce the burden of unnecessary government regulation, which can cost small businesses time, money, opportunities and jobs.

Our Small Business Advice and Financial Guidance Program continues to assist business recovery, transition and growth as we transition to a new post-pandemic operating environment.

We are also continuing our support of the creation of new businesses and the success of early-stage businesses through our $2 million Business Incubator and Accelerator Pilot Program.

Ongoing support through the Business Tasmania service and the Enterprise Centres Tasmania Program is available to help businesses navigating the current operating environment.

Throughout the pandemic Tasmanian businesses received more than $165 million in pandemic support.

This significant support now has Tasmania leading the nation as ‘the best performing economy in the country, for the ninth consecutive quarter,’ according to the latest CommSec’s State of the State Report.

This Budget is about making Tasmanians’ priorities our priorities.  Taking action on the cost of living, keeping Tasmanians safe and investing more into health and mental health, education and housing than ever before.

The 2022-23 State Budget is delivering for all Tasmanians.