My firm preference would be to cut out local MPs as the middle men or middle women and just put the funds directly into the things locals need
– ED HUSIC will be allowed to write off every asset they buy costing less than $20,000 for the next two years.
“It means more money to invest and grow your business,” Federal Treasurer Joe Hockey said.
Mr Husic said the tax cuts came as too little, too late for some small business owners.
“When the former Labor Government had measures in place to help small business invest and improve their cash flow – the Abbott Government cut them,” he said.
“Now they’re bringing those measures back, at a higher rate, to make up for the money these businesses lost.”