Brendan blames ACT Government for shaken business confidence

Share Canberra's trusted news:

brendan smyth

BRENDAN Smyth says business confidence in the ACT Labor government has fallen through the floor according to the latest Sensis Business Index.

“Confidence in ACT government policies is now in negative territory with attitudes falling from plus 32 points in August 2014 to negative 10 in November 2014,” Brendan said.

“The negative 10 result shows that ACT small to medium enterprises (SMEs) believe that ACT government policies are now working against small business interests and this needs to change.”

The report states:

“Support for polices of the ACT government among SMEs has fallen markedly and is negative overall”

The report also says:

“SMEs in the ACT recorded a 12 point drop in business confidence in the past quarter. This places the ACT far below the national average and in clear last place on the rankings”

“It’s little wonder that business confidence has plummeted when we have a government that is more interested in building a light rail line with a return of $1.20 for every dollar invested when the business community’s preferred option is a convention centre with a return of $2.40.

“This attitude coupled with restrictive fees, charges and regulations shows the government hasn’t created a positive and flexible business environment.

“It’s obvious ACT Labor is out of touch and has failed business in the ACT. Andrew Barr is now at the helm and needs to show he can walk the walk and not just talk the talk,” Mr Smyth concluded.

Who Can You Trust?

In a world beleaguered by spin and confused messages, there's never been more need for diverse, trustworthy, independent journalism in Canberra.

Who can you trust? Well, for more than 25 years, "CityNews" has proudly been an independent, free, family-owned news magazine, serving the national capital with quality, integrity and authority. Through our weekly magazine and daily through our digital platforms, we constantly and reliably deliver high-quality and diverse opinion, news, arts, socials and lifestyle columns.

If you trust our work online and believe in the power of independent voices, I encourage you to make a small contribution.

Every dollar of support will be invested back into our journalism so we can continue to provide a valuably different view of what's happening around you and keep citynews.com.au free.

Click here to make your donation and you will be supporting the future of journalism and media diversity in the ACT.

Thank you,

Ian Meikle, editor

Previous articleBraddon’s BentSpoke Brewing is bringing a colonial sparkling ale back to the 21st century
Next articleLife drawing and other arts. Weekend arts roundup

Leave a Reply