There is a deep sense of concern within the Australian business community that the long awaited revamp of the Federal Government’s R&D Tax Concession is actually little more than a thinly disguised mechanism for reigning in the Government’s estimated annual $1.4 billion spend on the program.
Small businesses in regional Victoria will be serviced by a new Mobile Business Centre, built inside a bus it was announced by the Victorian Government today.
Qantas has been displaced as the Australian Government’s sole airline of choice, with Virgin Blue, Jetstar and Regional Express joining Qantas in sharing the Government’s domestic air travel contract.
Kevin Rudd’s National Broadband Network (NBN) looks likely to go ahead without Telstra, given the disparity between Telstra’s asking price and the savings using Telstra’s existing infrastructure would bring.
There are three things for small business to take away from the government’s tax reforms:
Auditor-General Ian McPhee has released his report into Kevin Rudd’s $16.2billion Building the Education Revolution (BER), with the audit lacking any clear conclusions on the program.
For Occupational Health and Safety Managers, 2010 promises to be a tough year, with legislative changes and new technologies creating a demanding environment for Risk Managers.
The Federal Government should bite the bullet on one of the key recommendations in the Henry Review and allow pre-filled income tax returns for most Australians, the Taxation Institute said today.
The Henry Tax Review changes will address the ‘two speed economy’ with mining increasingly leaving behind small business and NSW and Victoria being met with an ‘unfair’ interest rate burden.
The Federal Government is being called on to provide a guarantee to Australia’s 1.9million business owners that their administrative burden will not increase as a result of the Henry Review.
