Qld Budget: Small Business employment focus

The 2020–21 Budget commits to a four-year capital program of $56.031 billion, so where does 97 per cent of the state's business (being small business) and the employer of 44 per cent of all private-sector workers come into this budget? 

Hon Di Farmer explains that the Queensland Government values the strong contribution small business makes to Queensland. 

"In recognition of that importance, in our budget handed down today we delivered significant investment in small business."

The $140 million Big Plans for Small Business policy will facilitate private investment in the small business sector and includes:

• An initial $100 million Business Investment Fund with a focus on small businesses with significant potential for growth and job creation;
• $30 million of investment to increase skills and capability with a focus on small business grants in priority industry sectors; and  
• $10 million of investment to make it easier to do business including:
  • Permanent Small Business Commissioner;
  • Reinvigorating the Small Business Advisory Council. 

For your convenience, check out this year’s Budget at www.budget.qld.gov.au