Miles Doing What Matters: new cyber security cost-of-living measure for Queensland small businesses

Published Friday, 28 June, 2024 at 02:45 PM

Minister for Employment and Small Business and Minister for Training and Skills Development
The Honourable Lance McCallum

  • $15 million investment to deliver a free cyber security solution for small to medium enterprises.
  • With cyber threats and cyber security an increasing key cost of doing business, this funding will support cost of living at the boardroom table.
  • The 2024-25 State Budget allocates a record investment of $1.5 billion to further support skills, training, employment, and small business development across Queensland.

The new Miles Labor Government will invest $15 million of its $250 million war chest of industry support towards providing a free cyber security solution for Queensland small and medium businesses.

As part of the new Queensland Small Business Strategy 2024-27, a total of $15 million has been committed to help protect Queensland small businesses against cybercrime.

A tender for a provider to deliver a fit-for-purpose solution to support small businesses has today been released by the Department of Employment, Small Business and Training.

The types of cyber security infrastructure measures likely to be considered include cloud-based solutions and assistance with securing networks, implementing software, data encryptions, multi-factor authentication, operational controls, and compliance.

Strengthening local infrastructure and support networks in regional Queensland, while supporting more local resources, jobs, and effectiveness in delivery will be key.

The tender will be subject to our Buy Queensland approach that continues to leverage procurement power to back local businesses and support jobs growth, skills development, and innovation.

In Australia, the average cost per cybercrime is currently $46,000 for small businesses, and $97,200 for medium businesses with business email compromise and online banking fraud among the top issues.

Quotes attributable to Minister for Employment and Small Business Lance McCallum:

“Queensland’s small businesses should be focussed on serving their customers – not defending their operations from international cyberterrorists – so this Labor Budget is delivering on what matters for them.

“Cybercrime is a multibillion-dollar global industry that threatens the wellbeing of our small businesses so we’re taking real action by investing $15 million to provide a free cybercrime solution for Queensland’s small business community.

“A tailored solution will be developed to protect small businesses – and importantly, this solution will be free for the sector.”

“As part of our new Small Business Strategy: Powering small business, we will help small businesses to cope with the complexities of cyber security by implementing a free tailored approach to meet the needs of the sector.

“This Budget is about keeping our vital small business sector safe, open, and providing the platform to continue grow revenue, jobs, and innovation in Queensland.

“It helps to lower costs and fight inflation for small businesses, including with direct grant support, a $650 energy rebate for over 200,000 small businesses, a 20% discount on vehicle registration–including light commercial vehicles and trailers, freezing fee increases, as well as initiatives to boost productivity, and more funding for free financial counsellors.”

Further information on Queensland small businesses:

Queensland’s small businesses employ more than one million people, or around 42 per cent of the private sector workforce.

More than 78,000 new small businesses were launched in Queensland in 2022-23, with over 482,000 small businesses now calling Queensland home.

Each year, small businesses contribute around $117 billion to Queensland’s economy.

The top five small business sectors in Queensland are:

  • construction,
  • professional, scientific and technical,
  • rental hiring and real estate,
  • agriculture, forestry and fishing, and
  • health care and social assistance

Almost 2,000 small businesses and over 30 key stakeholders, including industry representatives and peak bodies, provided input into the Queensland Small Business Strategy 2024-27.

Further information on cyber security support for Queensland small businesses:

The new tender for cyber security measures comes following the release of the latest round of Business Basics Resilience Grants program to provide grants of up to $5,000 to help small businesses increase core skills and adopt best practice.

Recognizing the importance of security in maintaining a thriving business environment, the program included grants to conduct cyber security risk assessments and implement cyber security measures to protect data and systems with anti-malware, antivirus, backups, data migration, encryption, firewalls, and modems/routers with enhanced security.

For more information visit:

For more information on the 2024-25 State Budget go to