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Manufacturers call for policy action as land tax costs escalate

Manufacturing businesses in Victoria are facing rising financial pressure from increasing land tax obligations, with the South East Melbourne Manufacturers Alliance (SEMMA) saying the changes are redirecting funds that could otherwise be used for investment and productivity across the state’s manufacturing sector.
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Responding to manufacturing demand and performance signals

Australian manufacturers are navigating a challenging environment. Just as output had returned to growth, higher fuel and freight costs, rising input prices and global supply chain disruption renewed pressure on margins and cash flow.