The ACT Liberal Democrats see that the government is doing far too little to help the business community. As the size of the Commonwealth public service in Canberra reduces over time, we believe that the ACT needs to diversify its economy. At the present time, the ACT has some of the highest indirect business taxes and the highest rate of business failure in Australia.
We believe that while Canberra is fortunate to be the home of the Commonwealth public sector and has the best and brightest people the nation has to offer, Canberran businesses are under significant pressure from increasingly unfair costs from a government that cannot manage its own budget.
The ACT Liberal Democrats propose a two-part approach. First, government needs to get its own finances under control by better managing its resources and not looking to the private sector for increased taxes. Second, government needs to adopt a more business-friendly approach. This would involve the creation of a one-stop shop for businesses in dealing with government rules and regulations. We also propose the creation of a Commissioner for the reduction of red tape—modelled on successful approaches in other states—that would work with industry to reduce the burden of dealing with government.
The ACT Liberal Democrats: