Tag: Federal Budget 2013

Small businesses have come through the Labor Government’s latest budget unscathed, escaping the cuts that fell on big business.

Local small businesses have rated greater opportunities for growth, additional tax incentives and a focus on delivering flexible employment as key areas they’d liked to have seen on the 2012 budget agenda.

After the Wayne Swan’s rhetoric about his Government being one for small and medium business, the Federal Budget delivered last week turned out to be remarkable in that if contains no new meaningful support to businesses that aren’t loss making.

Treasurer Wayne Swan unveiled the 2012/13 budget in Canberra overnight, returning it to surplus and detailing a number of measures he said would benefit small business. But many SMBs have been left wanting by the budget, saying it doesn’t deliver enough support to the sector.