In our latest Chamber update, Jason Foss and Phil Henry discuss key takeaways from the recent budget, workforce development initiatives, and local business news.

Budget Updates:
Key points include a $150 energy bonus for small businesses, the removal of non-compete clauses for workers earning under $170,000, and incentives for apprentices and employers in priority trades. The instant asset write-off is set to continue, and draft beer excise indexation has been paused for two years.

Supporting Apprenticeships:
With the Olympic Games likely to draw tradespeople away from the region, there’s a push to develop more skilled workers locally. An event at Yeppoon State High School on 14th May will connect schools with trade opportunities.

Market and Business Insights:
Phil and Jason discuss the importance of diversifying business markets and avoiding over-reliance on single clients. Lessons from past economic challenges highlight the need for flexibility in business planning.

Business Spotlight – Studio 11:
Liz from Studio 11 shares insights into the popular treatments at her salon, including cosmetic tattooing, non-surgical lipo, and a wide variety of facials.

What’s Next?
Join us for our April coffee catch-up on the 30th, and if you’d like to sponsor the event, reach out to Tanya Paul at the Chamber.

Watch the full video for more insights and updates!