Smaller companies struggling to stay afloat say they've been left 'short-changed' in the federal government's third budget.
They claimed their costs increased by 30 per cent this year thanks to rising energy and transport bills, coupled with global cocoa supply chain issues. Michele O'Neil, President of the Australian Council of Trade Unions criticised any suggestion of capping the minimum wage."It's unfair and it's insulting to low paid workers in Australia."
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Small business owners underwhelmed with measures in federal budgetA $20,000 tax boost and energy bill relief has provided some benefit, but business owners say they were hoping for more support to deal with the increase in cost of living pressures.
Source: SBSNews - 🏆 3. / 89 Read more »
Budget 2024: Treasurer Jim Chalmers told to turbocharge small business instant asset write-offSmall business says Labor’s investment tax break is not ambitious enough to boost growth in the economy.
Source: FinancialReview - 🏆 2. / 90 Read more »
Budget 2024: Jim Chalmers to extend small business instant asset write-off one more yearThe scheme allows businesses with turnovers capped at $10 million to immediately write off $20,000 from all eligible assets.
Source: FinancialReview - 🏆 2. / 90 Read more »
Business Council of Australia CEO Bran Black and Council of Small Business of Australia CEO Luke Achterstraat team upBran Black and Luke Achterstraat represent business at the opposite ends of the spectrum but are determined to present a united front in Canberra.
Source: FinancialReview - 🏆 2. / 90 Read more »
Developers and business face Suburban Rail Loop levy to fund projectAs much as $11 billion will be extracted from commercial operators along the route of the Suburban Rail Loop’s first stage to help fund the $35 billion project.
Source: theage - 🏆 8. / 77 Read more »
Australian health business MediSecure targeted in major data breach7NEWS brings you the latest local news from Australia and around the world. Stay up to date with all of the breaking sport, politics, entertainment, finance, weather and business headlines. Today's news, live updates & all the latest breaking stories from 7NEWS.
Source: 7NewsSydney - 🏆 16. / 63 Read more »