UPDATE FROM ROD BARTON MP
Sole Traders miss out AGAIN!
Victoria News
D
espite the government rolling out an additional round of support, including the welcomed Business Support Fund specifically for non-employing sole traders, a large chunk of non-employing sole traders will miss out. Non-employing sole traders whose businesses do not lease commercial premises and are run from home will receive no support. Industries such as the tip truck and hire car industry as well as many other businesses fall into this category.
Rod Barton MLC Leader, Transport Matters Party
The government has already provided rent relief and support to commercial tenants but I was disappointed to learn that those sole traders who missed out previously, will miss out again! I would never say that this support is not needed for those businesses…… [but] there are non-employing sole trader businesses out there, many in the transportation sector, with extraordinary loans and overheads, who are yet to qualify for any financial support whatsoever. Victorians in the hire car and tip truck industries are drowning in debt on vehicles, machinery and equipment required to provide their business services. The cost of a tip truck is upwards of a couple of hundred thousand dollars. If you add the loan repayments cost and, like hire car operators, if they have a small fleet of trucks, these individuals are at wits end. As someone once said, interest on debts grows without rain.
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DRIVE A2B magazine · www.drivea2b.com.au · October 2020
