Small business leaders have come out in support of the opposition’s promise to inject $141 million to create new jobs in small business for those under 25 and over 55.
The Labor party has committed to establishing a free legal advice service for small businesses and farmers to assist them with legal disputes with financial service providers. The announcement has been welcomed by the Australian Small Business and Family Enterprise Ombudsman (ASBFEO), Kate Carnell, who said Labor’s commitment to establishing a free legal advice service… Read more »
The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell has warned Labor’s proposal to move from a minimum wage to a living wage could negatively impact many small businesses. With many small business owners already operating on very low margins, Carnell suggests a wage increase could put their ability to employ staff or even survive as… Read more »
Labor leader Bill Shorten has announced the party will throw its weight behind the Coalition’s move to slash company tax rates for small and medium-sized businesses. The support will fast-track the tax break which was expected to be phased in by 2026-27. With Labor’s support, the tax relief could come into effect five years earlier… Read more »
Speaking at the Vodafone National Small Business Summit, Shadow Treasurer Chris Bowen outlined the Labor government’s commitment to restoring traditional and stable cabinet processes to policy making. He called for a well-functioning and accountable NBN network and the appointment of a second Taxation Commissioner to consider appeals from individuals and small business owners. In his… Read more »