NSW budget: Payroll tax reforms, boosted procurement, and event funding on business advocate wish lists

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Source: AAP Image/ Stephen Saphore

Business advocates are hoping for payroll tax reforms, changes to the workers’ compensation system, and elevated small business procurement rates in the 2023-2023 NSW budget, as the state government attempts to patch over funding holes it claims were left by its predecessors.

Treasurer Daniel Mookhey will hand down the state budget on Tuesday, marking NSW Labor’s first budget in more than a decade, and a chance to make good on some of the funding commitments it brought to its March election victory.

Ahead of the budget, advocacy group Business NSW called for a suite of changes it argues would improve the economic and regulatory environment for enterprises battling through turbulent conditions.

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