EP 01 WA’s Lack of Vision and Big Ideas with Cam Sinclair

Australia and Western Australia are considered expensive places to build businesses. 

 

One of the key drivers of this issue is payroll tax. 

 

It’s a strange tax that only WA has. If income tax is attached to profit, the payroll tax is attached to the right to employ people, which puts small and medium-sized businesses at a competitive disadvantage to expand. 

 

Today, I have Bill Withers, the Founder of Adapt by Design, shed some light on the origin, purposes, and amount of revenue the government is getting from payroll tax. We also discuss the actionable solutions he has in mind to help the government transition off of it to attract and encourage more businesses to base themselves in WA. 

 

Find out more about payroll tax and its impacts by listening to this episode.

 

Discussion Points:

00:00 Introduction

05:10 History around where payroll tax came from

08:09 Payroll tax penalising employers

10:22 Incremental government changes

12:32 Payroll tax promoting offshore employment

15:28 Encouraging businesses to be domiciled in Western Australia

15:52 Revenue that payroll tax contributes

17:50 Collaboration between industry and government to design an exit plan

19:33 Impacts of payroll tax on the small business

21:13 Empowering start-ups and new businesses to flourish

22:25 Payroll tax as a barrier to entry for venture capitalist companies

25:21 Businesses not being set up to succeed

27:50 The potential solution

29:43 What to say to a politician about bringing in a forward

32:55 Promoting setting conditions for technology companies

 

About The Guest

Bill Withers is a serial entrepreneur who has founded and scaled three different companies in Western Australia. Bill is the founder and entrepreneur leader of a company called ADAPT by Design. A platform that helps businesses put systems in place to help them grow. Bill has the statistics on why businesses fail in Western Australia, which is a reason why many business owners choose Bill and ADAPT by Design as the go to solution for when they need taking the next step forward in their business. 


Where to get in touch with Bill: https://www.adaptbydesign.com.au/

 

Resources:

Want to get more of my best thoughts on how you can change the future of Western Australia? Go to cianbrennan.com or subscribe to The Best In The West Podcast on Spotify and Apple Podcasts

 

Thank you for tuning in!

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Listen to the audio podcast here

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Let’s admit it. 

 

Western Australia is a rich resource state in terms of oil, gas, and iron ore. We depend so much on these resources that we become comfortable and stagnant. 

 

The truth is that these exports won’t be as valuable as they are today in the next five to ten years. 

 

There’s a need to transition to a more sustainable industry that requires tapping into another resource. But WA has not set a vision or a long-term plan to achieve it. 

 

In today’s pilot episode of The Best In The West, Cam Sinclair of Ammo Marketing joins me to discuss a vacuum of vision and big, bold ideas that both the state and the people can do to change our future. We also dive into entrepreneurship as a viable career path in WA and other fantastic ways for attracting more businesses to the state. 

 

If you’re looking to build a business or working with the government, listen to this podcast as we give some big thinking that you need to hear.

 

Discussion Points:

 

0:00 Introduction 

4:03 Problem and opportunities in WA’s economy 

6:29 Why the state became comfortable and stagnant 

8:01 The merry-go-round way of business in WA

9:38 Making use of human talent to innovate 

11:00 WA’s lack of vision 

13:18 Israel’s transition to alternative resources
14:33 Businesses moving out of WA

16:26 Obstacles in having a long-term vision 

19:57 The impacts that WA may face in the future 

22:33 Reinforcing entrepreneurship in WA 

25:10 WA’s strength as a place for business and entrepreneurs 

29:15 Cam’s great idea to change the future of WA 

 

33:10 Commit to learning all the time 

 

About The Guest

 

Cam Sinclair is the Founder, Director, and Marketeer of Ammo Marketing and a former campaign manager for the liberal party in Western Australia. He personally led the digital marketing campaign for Basil Zempilas to become the 56th lord mayor of Perth. Cam also hosts his podcast show “Weird Growth,” which features the strange and unpredictable growth journey of startup founders.

 

Resources:

 

 

Want to get more of my best thoughts on how you can change the future of Western Australia? Go to cianbrennan.com or subscribe to The Best In The West Podcast on Spotify, Apple Podcasts, and Google Podcasts

Thank you for tuning in!

Click to watch on YouTube

Listen to the audio podcast here

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