Gordon Hill

Gordon Hill

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    Commonwealth funding is a boost for small business

    9/10/1992 12:00 AM
     
     
    A $40 million boost to local government funding provides excellent opportunities for small businesses to gain extra contracts, Small Business Minister Gordon Hill said today.
     
    The Federal Government allocated this amount to Western Australian councils in its last budget to encourage capital works programs which would generate employment.
     
    Mr Hill today said the funding would also provide the opportunity for local communities - through their councils and shires - to develop a better community life by addressing its infrastructure needs.
     
    He was speaking at a combined briefing on the local government budget conducted by the Small Business Development Corporation and the WA Municipal Association. It was held at the Homebase Exhibition Centre at Wembley.
     
    The briefing was aimed at small business contractors and subcontractors in the construction, building and associated industries.
     
    "Today's briefing will inform you about how to access this program and work with local government for your benefits, as well as theirs," he told the audience.
     
    "Small business is one of the driving forces in our community. It has a clear role to play in job generation and the economic recovery process.
     
    "Recent State budget initiatives such as the five per cent reduction in electricity tariffs and the freezing of all land tax valuations - except where reductions apply - at 1991-92 levels, are designed to encourage small business to develop further."
     
    Mr Hill said the accelerator package, which he launched last week, had been designed to provide incentives and assistance to small and medium enterprises to ensure they were in a position to benefit from economic activity generated through the 'WA Advantage' strategy.
     
    Among the package's main points were:
     
    ·         a subsidy for proprietors taking part in the Business Health Assessment program, which identifies the strengths and weaknesses of a business;
    ·         a training package to education recipients of redundancy payments what is involved in starting and running a business;
    ·         information about the protection provided to small business retail lessees and landlords by the Commercial Tenancy (Retail Shops) Agreement Act; and -
    ·         a small business management incentive scheme to encourage small business operators to improve their management skills, thereby enhancing their ability to obtain adequate finance for their business needs.