South Australia tops Australia's business rankings due to favorable taxes and fewer licensing requirements.
South Australia is ranked as Australia's best state for business, according to the Business Council of Australia. It leads with low payroll taxes, competitive stamp duty and land tax rates, and fewer licensing requirements. However, it has restrictive retail trading hours. Tasmania ranks second, while Victoria is last in the rankings. The report aims to help businesses expand and encourages states to adopt better regulatory practices to attract investment and boost productivity.
4 months ago
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