Business NSW

Last updated

Business NSW
FormerlyNSW Business Chamber
Industry Not for Profit
Founded1826 as the Sydney Chamber of Commerce
1885 as Chamber of Manufactures of NSW
1995 as Australian Business Limited
2007 as NSW Business Chamber
2020 as Business Australia
Headquarters North Sydney, Australia
Area served
 New South Wales
Key people
ProductsPolitical Advocacy
Divisions Business Sydney, Business Illawarra, Business Western Sydney
Website www.businessnsw.com

Business NSW is an Australian not-for-profit membership organisation that advocates on behalf of Australian businesses. The organisation has been operating since 1826. It has formerly been known as the NSW Business Chamber (2006-2020), The Chamber of Manufactures of NSW (1885-2006) and the Sydney Chamber of Commerce (1826-1885). [1]

Contents

Purpose and role

Business NSW works with businesses and local chambers of commerce to represent business interests to local, state and federal governments. Issues it advocates include red tape reduction, business taxation, workforce skills, infrastructure, workplace health and safety, and workplace relations. Business NSW has ten regional offices across New South Wales.[ citation needed ]

History

Business NSW has undergone a number of name changes and mergers with other business organisations since its founding in 1826 when it was known as the Sydney Chamber of Commerce. [2]

The Chamber of Manufactures of New South Wales was then established with the inaugural meeting in August 1885 at Sydney Town Hall in which the rules and regulations were adopted and Archibald Forsyth was elected its first president.

The Chamber got off to an initial slow start with its primary supporters focusing most of their efforts on tariff policy lobbying, especially in setting up a "Protection Union", in direct opposition to the "Free Traders" led by Sir Henry Parkes.

The Chamber was finally re-constituted in June 1895 at a meeting at the Hotel Australia. The Chamber abandoned the idea of partisan political lobbying and adopted a position of a non-political organisation which has continued to the present day.

In 1914, the Chamber of Manufactures of NSW set up the Manufacturers Mutual Insurance Company (now MMI). [3] The insurance company arm was established primarily to indemnify employers against claims that might be made by their employees who were injured at work, and was in direct response to the new Workmen's Compensation Act of 1910.

The Chamber continued to expand in NSW over the following years opening offices in Newcastle, Lismore, Wollongong and Ballina while pursuing possible amalgamations with other business organisations, such as the Australian Chamber of Manufactures and Employer's Federation, most of these options were explored but not acted upon.

In 1995, the Chamber of Manufactures of NSW broke its tie with MMI, selling its shares of the company and changing its name to Australian Business Limited. The sale of MMI shares made Australia Business Limited one of the most well funded business organisations in Australia.

In 2006 the State Chamber of Commerce (NSW) changed its name to the Sydney Business Chamber of Commerce, echoing the original concept of the chamber of Commerce that applied when it started in 1826. In December 2006, Australian Business Limited changed its name to NSW Business Chamber Limited to reflect the new entity emerging from this union. Following the transfer of all members into NSW Business Chamber Limited, the Sydney Chamber activities continued as the Sydney Business chamber, a division of the NSW Business Chamber.

In 2020, the NSW Business Chamber rebranded [4] its advocacy arm to Business NSW.

See also

Related Research Articles

<span class="mw-page-title-main">Workers' compensation</span> Form of insurance

Workers' compensation or workers' comp is a form of insurance providing wage replacement and medical benefits to employees injured in the course of employment in exchange for mandatory relinquishment of the employee's right to sue his or her employer for the tort of negligence. The trade-off between assured, limited coverage and lack of recourse outside the worker compensation system is known as "the compensation bargain.” One of the problems that the compensation bargain solved is the problem of employers becoming insolvent as a result of high damage awards. The system of collective liability was created to prevent that and thus to ensure security of compensation to the workers.

<span class="mw-page-title-main">NRMA</span> Australian organisation

NRMA is an Australian organisation offering roadside assistance, advocacy for motorists and road-users, motoring advice, car servicing, International Driving Permits, travel and other services in New South Wales and the Australian Capital Territory. It is a member-owned mutual company limited by guarantee. It was formed in 1920. The Headquarters is in Sydney Olympic Park, New South Wales, Australia.

<span class="mw-page-title-main">WorkChoices</span> Australian industrial relations law

WorkChoices was the name given to changes made to the federal industrial relations laws in Australia by the Howard government in 2005, being amendments to the Workplace Relations Act 1996 by the Workplace Relations Amendment Act 2005, sometimes referred to as the Workplace Relations Amendment Act 2005, that came into effect on 27 March 2006.

The Australian Industry Group, also called Ai Group, is an employers' organisation, whose members employ over 750,000 people throughout Australia. The organisation covers a wide range of industries including manufacturing, engineering, construction, automotive, food, transport, information technology, telecommunications, call centres, labour hire, printing, defence, mining equipment and supplies, airlines, and other related service industries. It is one of the largest industry organisations in Australia.

Insurance Australia Group Limited (IAG) is a multinational insurance company. It is the largest general insurance company in Australia, and also the largest in New Zealand through its subsidiary IAG New Zealand. IAG had its origins in the National Roads and Motorists' Association NRMA. It is headquartered in Sydney, Australia.

<span class="mw-page-title-main">Australian Chamber of Commerce and Industry</span> Australian business organization

The Australian Chamber of Commerce and Industry (ACCI) is Australia's largest and most representative business association, comprising state and territory chambers of commerce and national industry associations. ACCI represents Australian businesses of all shapes and sizes, across all sectors of the economy, and from every corner of the country.

<span class="mw-page-title-main">Ettalong Beach</span> Suburb of Central Coast, New South Wales, Australia

Ettalong Beach is a suburb of the Central Coast region of New South Wales, Australia south of Woy Woy on Brisbane Water at the point where it meets Broken Bay, about 86 km north of Sydney. It is part of the Central Coast Council local government area. Ettalong Beach is the natural eastward continuation of Umina Beach and Ocean Beach. The village is serviced by a small retail centre along Ocean View Road.

<span class="mw-page-title-main">Victorian Chamber of Commerce and Industry</span>

The Victorian Chamber of Commerce and Industry is the largest and most influential not-for-profit business organisation in Victoria, informing and supporting 47,000 members and clients across the state. Founded in 1851 with headquarters in Melbourne, the influential employer group is focused on leading business into the future by providing policy leadership, information, representation, training and networking opportunities.

<span class="mw-page-title-main">Postcodes in Australia</span> Numeric codes in Australia

Postcodes in Australia are used to more efficiently sort and route mail within the Australian postal system. Postcodes in Australia have four digits and are placed at the end of the Australian address, before the country. Postcodes were introduced in Australia in 1967 by the Postmaster-General's Department and are now managed by Australia Post, Australia's national postal service. Postcodes are published in booklets available from post offices or online from the Australia Post website.

Margy Osmond is an Australian businesswoman and current Chief Executive Officer of the Tourism & Transport Forum (TTF), the peak national industry group for the tourism, aviation and transport sectors. Prior to joining TTF in October 2014, she was CEO of the Australian National Retailers Association (ANRA).

The WorkCover Authority of New South Wales was a New South Wales Government agency established in 1989. The agency created regulations to promote productive, healthy and safe workplaces for workers and employers in New South Wales. The agency formed part of the Safety, Return to Work and Support Division established pursuant to the Safety, Return to Work and Support Board Act, 2012 (NSW).

Western Sydney Regional Organisation of Councils (WSROC) is one of the oldest Regional Organisations of Councils or ROCs in NSW, Australia. It was formed in November 1973 to represent the councils of Western Sydney and to advocate for the people of the region. Its current membership includes 8 of the 13 Greater Western Sydney councils, making it one of the largest NSW Regional Organisations of Councils

<span class="mw-page-title-main">Labor Council of New South Wales</span> Peak body for trade unions in New South Wales, Australia

The Labor Council of New South Wales, branded Unions NSW, is the peak body for trade unions in the state of New South Wales, Australia. As of 2005 there are 67 unions and 8 Rural and Regional Trades & Labor Councils affiliated to the Labor Council, representing 800,000 workers in NSW. It is registered as the State Peak Council of Employees under Section 215 of the Industrial Relations Act 1996 (NSW). The council is affiliated with the Australian Council of Trade Unions (ACTU).

<span class="mw-page-title-main">Rand Merchant Investment Holdings</span>

Rand Merchant InvestmentHoldings, also referred to as RMI Holdings, is a listed financial services investment holding company that holds various insurance brands in South Africa, Australia, China, Mauritius, New Zealand, Republic of Ireland, Singapore, the United Kingdom and the United States of America.

<span class="mw-page-title-main">English, Scottish and Australian Bank, The Rocks</span> Former bank building in Sydney, Australia

The Rocks branch of the English, Scottish and Australian Bank is a heritage-listed former bank building and now restaurant located at 131–135 George Street in the inner city Sydney suburb of The Rocks in the City of Sydney local government area of New South Wales, Australia. It was designed by William Wardell and built during 1886. It is also known as the English Scottish & Australian Chartered Bank (former) - Amo Roma Restaurant and Vault Restaurant; the Institute of Marine Power Engineers; Five Bells; and Ox on the Rocks. The property is owned by the Sydney Harbour Foreshore Authority, an agency of the Government of New South Wales. It was added to the New South Wales State Heritage Register on 10 May 2002.

<span class="mw-page-title-main">MLC Building, Sydney</span> Historic building in Sydney, Australia

The MLC Building is a heritage-listed office building located at 42–46 Martin Place in the Sydney central business district, in the City of Sydney local government area of New South Wales, Australia. It was designed by Bates Smart & McCutcheon and built from 1936 to 1938 by Concrete Constructions Limited. It is also known as Mutual Life & Assurance Building. It was added to the New South Wales State Heritage Register on 2 April 1999. From the time of its construction and for many years thereafter, the building served as the offices for Australian life insurance company, Mutual Life & Citizens Assurance Company Limited. As of December 2018 the anchor tenant was Norton Rose Fulbright, formerly Henry Davis York, an international law firm.

<span class="mw-page-title-main">Grahame's Corner</span> Heritage-listed building in Sydney, Australia

Grahame's Corner is a heritage-listed commercial and office building located at 142-144 Pitt Street, in the Sydney central business district, in the City of Sydney local government area of New South Wales, Australia. It was designed by G. A. Morell and built from 1877 to 1882. It is also known as Grahams Corner and the AMFIS Building. The property was added to the New South Wales State Heritage Register on 2 April 1999.

<span class="mw-page-title-main">Trust Building</span> Building in Sydney, Australia

The Trust Building is a heritage-listed office and commercial building and former hotel located at 72-72a Castlereagh Street, in the Sydney central business district, in the City of Sydney local government area of New South Wales, Australia. It was designed by firm Robertson & Marks and built from 1914 to 1916 by Stuart Brothers. It was added to the New South Wales State Heritage Register on 2 April 1999.

EML Group is one of the oldest Australian personal injury insurers with history dating back to 1910. The service range of this company is only in Australia, with over 4,000 specialists operating in New South Wales, South Australia and Victoria. The head office of this company is in Sydney. Other branches are distributed in Brisbane in Queensland, Parramatta, Newcastle, Tweed and Gosford in New South Wales, and a South Australian branch in Adelaide.

<span class="mw-page-title-main">South Australian Employers' Chamber of Commerce and Industry</span>

The South Australian Employers' Chamber of Commerce and Industry is an independent and non-profit association representing businesses and employers in South Australia. It is a member of the  Australian Chamber of Commerce and Industry. Business SA is South Australia’s largest membership-based employer organisation with over 4,000 members across 19 different industry sectors.

References

  1. ↑ "ABOUT BUSINESS NSW". www.businessnsw.com. Retrieved 29 May 2023.
  2. ↑ Holcomb, Janette (1 August 2014). Early Merchant Families of Sydney: Speculation and Risk Management on the Fringes of Empire. Anthem Press. ISBN   978-1-78308-125-7.
  3. ↑ "Our History | Allianz Australia". AU_site. Retrieved 12 September 2022.
  4. ↑ https://www.businessnsw.com/content/dam/nswbc/businessnsw/pdf/250220%20New%20name%20for%20State%27s%20peak%20business%20group%20Media%20Release.pdf [ bare URL PDF ]
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.