Small business is cautious about hiring more people during the pandemic despite incentives in the federal budget aimed at a business-led recovery from the coronavirus recession.
"A key part of our plan to get Australia out of the COVID-19 recession is to bring forward the decisions that would otherwise not be made, decisions to hire, decisions to invest," Mr Morrison said on Sunday.There are more than a million people officially unemployed, with the unofficial rate higher and more expected to join the jobless queue by the end of the year. Treasury expects the unemployment rate to peak at eight per cent in the December quarter.
While some small businesses in the suburbs were doing well, such as butchers and small supermarkets, many were not, especially those in business districts and anywhere reliant on hospitality and tourism, he said. "Businesses, particularly small business, are just trying to get by at the moment. They're not looking at employing extra people, they're not looking at investing in new capital equipment, what they are looking at is trying to survive," he said.Business Council of Australia chief executive Jennifer Westacott said it would keep people working and give businesses the cash flow they needed to hire more workers.
Source: News Formal (newsformal.com)
katinacurtis How about helping Australian citizens that want to fly home to visit family easier instead of being treated like aliens. Making aussies think twice about going back to Australia. Major thing is cost and being isolated.
katinacurtis So if there isn’t enough demand to make the incentives appealing, Morrison will increase the incentives but leave demand to work itself out? Idiotic.
katinacurtis What ! Does holiday boy Morrison plan to get off his own arse and work ? I mean building cubbies , chicken coops , baking samosas, Liberal fundraising in SA or electioneering in Qld isn’t exactly a hard at it PM is it ?
katinacurtis So if the 4 billion doesn’t create jobs, we’ll throw more money at businesses to see if thing we just did, that didn’t work, will work this time? Also speaks volumes that Scott also seems to have his doubts that his plan will actually be effective.
katinacurtis Sounds like a euphemism for 'rorting the system'........
katinacurtis Did anyone seriously expect him to say 'No, we've got the settings absolutely spot on'?
katinacurtis Yeah like he was to the bushfires!!
katinacurtis Yes just borrow another $1 trillion 💩
katinacurtis I help run a business. It doesn't matter how much you give me, if customers don't have money to spend there is no work and I can't hire people. Basic income helps business and people.
katinacurtis
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