Small NSW businesses promised big savings

Small business owners in NSW will have insurance premiums for workers' compensation discounted if the Liberal Party wins the state election.

NSW Premier Gladys Berejiklian has announced a raft of savings measures for small businesses. (AAP)

Small businesses across NSW will get cheaper insurance premiums, better deals on energy bills, and payroll tax cuts if the state government is re-elected.

Premier Gladys Berejiklian on Tuesday announced a raft of savings measures for small businesses, 12 days out from the March 23 poll.

The package includes $300 million worth of discounts on workers' compensation premiums for 280,000 employers over the three years, delivering a discount of between eight and 12.5 per cent for those with the safest workplaces.

A program to help businesses find cheaper electricity plans and progressive payroll tax cuts is also being promised.

Ms Berejiklian said small business was the "backbone" of NSW, employing more than a million people.

"That's why we are reducing costs, cutting tax and slashing red tape," she told reporters in Peakhurst on Tuesday.