Last week we learned that the Far West and Orana reported some of the worst business conditions in the state, with more than half of the businesses surveyed reporting deteriorating conditions, falling revenues and profits.
In the Central West, it wasn’t much better, with just under half of the businesses surveyed reporting worsening conditions and falling profits.
The survey highlights the importance of good advocacy and the critical role NSW Business Chamber plays in representing business. The Chamber advocates for good policy and long-term solutions to the problems that our businesses and communities face.
For our region, there is clearly an urgent need to help offset the devastation brought on by the drought – and all levels of government need to provide targeted measures to support our businesses. To become involved in the Chamber’s advocacy, please see details below regarding NSW Business Chamber’s Western NSW Advisory Council.
The work of the council is critical, so it’s important to get involved, especially as the Chamber has had a number of successful advocacy wins in the region. This includes helping to secure funding for Dixons Long Point Crossing, announced in the recent Federal Budget.
This project was something NSW Business Chamber had been advocating for on behalf of members, with the Chamber actively meeting and writing to both our State and Federal MPs to highlight the importance of this road.
Seeking Nominations to the Western NSW Advisory Council
Every two years, Regional Councillors are elected to the Regional Advisory Council (RAC). The Western NSW RAC consists of up to 20 members. The RAC meets regularly throughout the year initiating and facilitating innovative projects and programs that improve and sustain business performance.
We would like to encourage all financial
members to consider submitting a nomination to join the RAC.
For more information and for a copy of the nomination form please contact Vicki Seccombe on 02 6311 2203 or email firstname.lastname@example.org
. Further information will be sent to financial members in May.
Single Touch Payroll
Single Touch Payroll (STP) is a way of reporting tax and super information to the ATO. Large employers – i.e. 20 or more employees – have been utilising this system since last year. Now small employers with 19 or less employees will need to report through STP from 1 July 2019.
The ATO has advised this is a gradual transition, and they are providing flexible options. Plus if you're an employer with four or less employees you will have additional options.
If you are a small employer and about to embark on this transition, what do you do? Firstly, watch our recent webinar STP to help businesses understand what is required and how you prepare for the transition. Click here to watch the webinar.
The ATO also has all the information on their website
to advise on what you need to do. We encourage you to look into this sooner rather than later, so you are fully prepared by 1 July 2019.
Regional Tourism Awards
In 2019, the Regional Tourism Awards will be held across six Destination Networks in NSW, including Country & Outback – which includes Western NSW.
The Regional Tourism Awards provide tourism businesses and organisations the opportunity to showcase their business and promote tourism within their region. Regional Tourism Awards winners will progress to the NSW Tourism Awards where they may then progress to the Qantas Australian Tourism Awards.
We really encourage all our tourism businesses to consider entering these awards. We know how fabulous you are and we want everyone else to know it too! For more information, please check out the website.
As always, if you have any questions or you need assistance, please do not hesitate to contact me on 02 6311 2203.
Vicki Seccombe – Regional Manager, Western NSW