SEGRA announcement

The Cradle Coast Authority has attracted Australia’s leading regional economic development conference to Devonport and secured a diverse range of local and interstate practitioners and thought leaders to discuss solutions to some of regional Australia’s biggest challenges.

Delivering upon our net zero target; planning, preparing and rebuilding after crisis and attracting and retaining skilled people will be some of the topics explored at the two and a half day conference held between August 31 and 2 September at the paranaple Convention Centre.

Supporting Tasmanian small businesses with financial and business advice

The Tasmanian Liberal Government is supporting Tasmania’s 39,000 small businesses to create jobs and stimulate the economy to deliver growth.

Local businesses can now apply to receive financial and business advice through round two of the Small Business Advice and Financial Guidance program.

The program provides grants of between $750 and $1,500 to eligible small businesses.

Retail sales reach new highs, but cost of business continues to bite

Australian retail sales remained at record levels in June with $34.2 billion spent in stores and online – an increase of 12% on a year ago and up 0.2% compared to May 2022, according to figures released today by the Australian Bureau of Statistics.

Australian Retailers Association CEO Paul Zahra cautioned that while sales volumes remain elevated, they are also linked to the higher consumer prices we’re seeing across the economy and not necessarily a full reflection of business performance.

DISASTER ASSISTANCE EXTENDED FURTHER FOLLOWING SOUTHERN QUEENSLAND FLOODING

Deputy Premier, Minister for State Development, Infrastructure, Local Government and Planning and Minister Assisting the Premier on Olympics Infrastructure
The Honourable Dr Steven Miles

Extraordinary disaster assistance grants have been extended to flood-affected primary producers, small businesses and communities affected by the Southern Queensland flooding event in May.

The assistance is made available through the jointly funded Commonwealth-State Disaster Recovery Funding Arrangements (DRFA).  

Delia Rickard joins AFCA board

The Australian Financial Complaints Authority (AFCA) today announced the appointment of outgoing ACCC Deputy Chair Ms Delia Rickard to its board. Her appointment, for three years, is effective from 1 August 2022.

“Ms Rickard brings to the board a wide range of skills from a distinguished public service career in consumer policy. She has a deep understanding of the current and emerging challenges facing consumers and financial firms,” AFCA Independent Chair Professor John Pollaers OAM said when announcing the appointment today.

New data confirms inflation is high and rising

New numbers show inflation has increased 6.1 per cent over the past year and highlight the difficult circumstances facing Australian workers and families.

This high and rising inflation is not surprising but it is still confronting.

Australians know the pressure that inflation imposes on household budgets – they see it and feel it every time they visit the supermarket and pay the bills.

Higher inflation has come with higher interest rates and the independent Reserve Bank has told us they are set to rise even further.

Small businesses benefit from $5M of Business Basics grants

Minister for Employment and Small Business and Minister for Training and Skills Development
The Honourable Di Farmer

More than 1000 Queensland small businesses will receive grants of $5000 to get their ‘business basics’ on track by investing in areas such as website development, marketing plans or business coaching.

Minister for Employment and Small Business Di Farmer said the $5000 injection to each business adds up to a $5 million investment into small businesses and the communities they serve right across Queensland.