Victoria’s small business support service scrapped as bankruptcies surge
Legalise Cannabis MP Rachel Payne is imploring the Allan Government to reinstate a service supporting businesses in financial stress, given Victoria recorded the greatest increase in business insolvencies in Australia in late 2024.
Ms Payne said the specialist support program Partners in Wellbeing was not refunded in this year’s state budget. Despite supporting more than 5,000 business owners in the past five years, it shut up shop on June 30.