Victorians are being bought the attract of a greater life throughout the border as South Australia fires up an advert marketing campaign geared toward poaching companies from interstate.
SA Premier Peter Malinauskas spruiked the competition state’s extra engaging company tax routine and superior life-style, leaving his Victorian counterpart Daniel Andrews incensed.
“We know that the state’s tax regimen is extremely competitive in comparison to every other state around the country, including Victoria. We want to tell that story,” Mr Malinauskas advised reporters on Thursday.
The Business is Better in SA marketing campaign, which is already working throughout billboards and social media in Victoria, flaunts higher tax breaks for companies, together with zero payroll tax for wages beneath $1.5 million.
It additionally claims higher coaching, site visitors, seashores and wine.
The marketing campaign highlights that South Australians pay greater than $2100 much less in taxes per yr in contrast with their Victorian counterparts, and follows the Victorian authorities’s imposition of an $8.6 billion levy to repay its COVID-19 debt.
As property costs soar throughout the nation, Mr Malinauskas was additionally eager to level out that land was extra reasonably priced in his state for companies and people.
“(South Australia has) far less land tax, far less stamp duty, a highly competitive payroll tax regimen,” he said.
“That’s what we would like the jap states to concentrate on, so once they select to develop their companies or set up a brand new one, they give the impression of being to South Australia to take action.”
Mr Andrews claimed to be unfazed by the campaign, but used the opportunity to stick the boot in over what he perceives to be an unfair carve-up of GST revenue among the states.
“I’d be extra apprehensive about South Australia stealing Victoria’s GST, frankly,” he mentioned.
“If it is so rosy over there, if it is such an amazing place, perhaps they do not want our $670 million price of GST that we paid them.”
Mr Malinauskas brushed off Mr Andrews’ criticism and maintained the pair are on a unity ticket of clawing back their fair share of GST revenue from Western Australia.
He also said SA boasted the fastest-growing economy in the country, with Australian Bureau of Statistics figures for the June quarter showing state final demand grew by 1.3 per cent.
Victorian shadow treasurer Brad Rowswell said he didn’t blame SA for trying to lure businesses across the border, but urged them to stick fast.
“Please bear with us for the following three years, it will not at all times be the Andrews Labor authorities that is in cost,” he mentioned.
The SA authorities intends to develop the marketing campaign to different states after its preliminary $160,000 run in Victoria, which ends on September 16.
Source: www.perthnow.com.au
