4.7: Supporting Business
Support business by providing additional venture capital in the local investment vehicle, the Canberra Business Development
Fund (CBDF).
Other Information:
The ACT Government will support business by providing additional venture capital in the local investment vehicle, the Canberra
Business Development Fund (CBDF). The CBDF invests strategically in ACT-based businesses to accelerate their development.
The ACT Government has increased the payroll tax threshold of 20 per cent to a new upper ceiling of $1.5 million and abolished
the duty on the establishment of trusts. In addition, the ACT Government will support a range of activities to promote the
Territory’s investment and business profile through targeted marketing activities, including investment information resources
and partnering with the private sector in an annual event to facilitate business investment.
Indicator(s):
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