Next Victorian Government must 'stop regulating the state into decline'
Jim's Group CEO Jim Pennman urges the next Victorian government to reduce regulation ahead of the November state election. He argues over-regulation is driving the state into economic decline.
Stop regulating the state into decline - Jim Pennman, Co-founder and CEO, Jim's Group
Will Victoria's next government cut the red tape hurting tradies?
Affects all trade types including builders, plumbers and electricians. Excess red tape directly increases compliance costs and admin burden for small trade businesses in VIC.
Key takeaways
- Jim's Group CEO is calling on Victoria's next government to pursue meaningful deregulation reform.
- Victoria heads to a state election in November as Australia's most indebted state.
- Over-regulation is seen as a key barrier to economic recovery and business growth in VIC.
- Small trade businesses across all sectors could benefit if compliance burdens are reduced.
Related
Security of payment law is working. The contracts are drafted around It.
All Australian jurisdictions now have security of payment laws, 27 years after NSW introduced the first Act. The legislation is functioning as intended across the country.
Why it matters: Builders, plumbers, electricians and other contractors rely on security of payment laws to recover unpaid debts. If contracts are being drafted around the Act, cash flow protections may be undermined.
Victoria to ban data centres in residential zones
Victoria will ban new data centres from residential zones ahead of the November state election. The move follows community concerns about the facilities being built near homes.
Why it matters: Builders and electricians may see fewer data centre construction contracts in residential areas. New projects will likely shift to industrial or commercial zones.
Australia's AI Standards are an opportunity to address our productivity slump
Australia's AI standards development is framed as a chance to boost national productivity. The article argues that AI policy settings could help address the country's ongoing productivity slowdown.
Why it matters: Tradies across all sectors may be affected if AI standards shape how business software and tools are adopted. Could influence admin, quoting, and scheduling tools.