New figures show Government must act on jobs and support payroll tax relief


Release Date: 8/09/2020
The Tasmanian Chamber of Commerce and Industry says new jobs figures released today by the ABS show exactly why payroll tax relief is needed.
 
TCCI CEO Michael Bailey said the figures are concerning.
 
“According to the ABS, the number of jobs in Tasmania dropped by over four per cent between 14 March and 22 August.  That’s the second biggest decline of any state or territory in Australia, with only Victoria with worse figures,” Mr Bailey said. 
 
“The Government has done a great job keeping Tasmanians safe from a public health crisis.  Now it needs to work with the business community to help us avoid an economic crisis.
 
“We know these figures are only likely to get worse, with over 16,000 businesses in Tasmania relying on JobKeeper to support tens of thousands of workers.  As soon as that support starts to taper off, we could be in for a real economic shock as thousands more Tasmanians lose their jobs.
 
“That’s why the business community is calling on the Government to act now and waive payroll tax while COVID restrictions are in place.  We know that waiving payroll tax will not only support jobs, it will create jobs with a recent survey of businesses in Tasmania showing that 76 per cent said they would expand their workforce if there was payroll tax relief.
 
“Now is the time to be laying a solid foundation for Tasmania’s economic recovery and we will continue to work with the Government to support businesses right around the State.”
 




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