The current drought and its impact on our local economies continues to be a major issue right across the region.  If you and your business needs advice or assistance, please do not hesitate to contact us so we can try to connect you with the assistance you need.

During National Skills Week in August, the NSW Business Chamber released the findings of our 2019 Workforce Skills Survey.  The findings were clear – more needs to be done to train the next generation to ensure businesses have the requisite skills to sustain existing and future economic activity.

While the number of businesses experiencing a skills shortage in 2019 is slightly lower than in 2017, those businesses experiencing skill shortages are carrying more job vacancies, 82,000 in 2019, compared to 54,000 in 2017.  In Western NSW, the results did not differ too far from the State results – we have a clear lack of trade skills in the region with businesses in a number of industries such as manufacturing, mining, transport and agriculture, telling us it’s a big issue for them.

Click here to access the full results.  https://www.nswbusinesschamber.com.au/Issues/Issues/Workforce-Skills/Recent-submissions-and-publications

We are regularly asked about grants or funding that are available for businesses, so we have compiled a list of some that are currently open;

The Manufacturing Modernisation Fund

It provides small and medium manufacturing enterprises with co-funding of between $50,000 and $1,000,000 for capital investments and associated reskilling to modernise manufacturing processes, adopt new technologies, become more productive and create jobs. https://www.business.gov.au/assistance/manufacturing-modernisation-fund

Business Connect Advisory Service

Central NSW Business HQ are our local agents for the Business Connect Program. Business Connect is a dedicated and personalised NSW Government program that provides business advice and during these current drought conditions, can provide free services.  https://www.bizhq.com.au/

Small Business $30,000 instant asset write off

Provides small businesses with an asset write-off of up to $30,000 for assets costing less than the instant asset write-off threshold which are purchased and used in the year that the write-off is claimed. https://www.business.gov.au/assistance/30000-instant-asset-writeoff

Cyber Security Small Business Program.

Provides businesses with 19 or fewer employees with a grant of up to $2,100 for a certified small business cyber security health check to determine business risk and areas that need attention.  https://www.business.gov.au/assistance/cyber-security-small-business-program

Apprentices & Trainee rebates

Payroll tax rebate for Apprentices & trainees. http://www.apprenticeshipsupport.com.au/Employers/Incentives-and-Funding

On a final note, each year the Commonwealth Government seeks input, ideas and Pre-Budget submissions for the Federal Budget.  Do you have an item or idea that you think should be in the 2020 Budget?  If so, please let us know! 

If you have any issues or need assistance, please do not hesitate to contact Katie or I on vicki.seccombe@nswbc.com.au or 02 6311 2203.

Kind regards, 
Vicki Seccombe – Regional Manager Western NSW,
NSW Business Chamber