Business boost for Shepparton District
Independent Member for Shepparton District Suzanna Sheed says the 2018/19 Victorian State Budget will bring a welcome boost to business in the region.
Ms Sheed said several big ticket items for Shepparton District such as $313 million for the Shepparton train line and $63 million for the Shepparton Education Plan, road upgrades and the Munarra Centre for Regional Excellence, would have a significant flow-on effect to local industry.
She said a new regional jobs procurement office for Shepparton would also help local businesses get the most out of the Government investment.
“I am so pleased to see such major infrastructure projects funded in this year’s State Budget,” Ms Sheed said.
“This will mean more work for local tradespeople and suppliers, more customers in our shops and more patronage for our cafes, restaurants and accommodation businesses.
“We’re already seeing construction underway on Goulburn Valley Health’s $168.5 million redevelopment and the new Shepparton Art Museum and I look forward to seeing many more cranes in the sky and people coming to the city as these projects get going.”
Ms Sheed said other Budget announcements set to benefit regional areas include funding for a suite of 30 free TAFE courses and changes to payroll tax including lifting the tax-free threshold to $650,000 and cutting the regional payroll tax rate to 2.425 per cent, which is half the metropolitan rate.
“These measures will be such a boost to a regional community such as ours,” Ms Sheed said.
“We often hear how challenging it can be to find skilled labour in regional areas, and so it is great to see many of the free TAFE courses are directly relevant to the industries that form the heart of our local economy such as agriculture, horticulture and dairy, as well as nursing and aged care.
“There are also courses for building and construction, plumbing, concreting and engineering, skills which will be much needed in the area for our coming construction boom.
“Payroll tax can also be quite a challenge for country businesses so I would expect the significant changes announced in the Budget to be welcomed by the Shepparton District business community.
Riahn Smith 0419 138 978│email@example.com