Yet another Victorian manufacturer has warned the government that its increasing taxes could driveits business andjobs out of the state.
Under the Allan LaborGovernment, plastics manufacturer Corex, which employs250 people, saw its land tax bill double this year after rising threefold over the previous four years. Their CEO says the impost on their business and employment will affect their ability to be competitive.
Another manufacturer, Ace Wire Works, which employs 38 people, has stated the exorbitant land tax bill they’ve been hit withmeans they will need to increase sales by up to $700,000 to cover the cost.
Earlier this month Seeley International, the nation’s largest gas heater manufacturer, announced it would close its facility by the end of next year and move 120 jobs interstate due to the Allan Labor Government’s hostile business, energy and manufacturing policies.
Shadow Minister for Manufacturing, Bridget Vallence, said: “Manufacturers and businessesincreasingly cannot afford to operate in Victoria under this government. As more and more move interstate, the damage being done to Victoria is immeasurable.
“When the CEO of South East Melbourne Manufacturers’ says multiple businesses in the south east region, which employs nearly 270,000 people and accounts for around 30 per cent of the country’s manufacturing output, had considered moving interstate, there is clearly something very wrong with the Allan LaborGovernment’s priorities.
“A Liberal NationalsGovernment values Victoria’s manufacturing sector and will not tax them out of the state.”
