Small businesses are a vital part of our country’s economy, helping to keep everything ticking along. But right now, they’re under real pressure as the costs continue to cause major financial pain to everyday Queenslanders who are just trying to make a living.
Federal Member for Dawson, Andrew Willcox, said that more than 4,000 hospitality businesses have gone under in recent years, and jobs in the industry fell by 165,000 last year alone.
“Under Labor, it’s getting harder, rising costs, red tape, and workplace rules have left small businesses struggling when they should be growing,” Mr Willcox said.
“If elected, a Dutton Coalition Government will help our small businesses to bounce back and hire more locals.
“We’ll increase the instant asset write-off to $30,000 and make it permanent. This will provide confidence to invest in my electorate of Dawson,” Mr Willcox added.
“We’ll make workplace rules fairer and give businesses the flexibility to grow and hire as the current system is too costly and stressful.
“And we have a plan to support local cafes, restaurants, and bars. Our local small businesses with a turnover of up to $10 million will be eligible for a capped tax deduction of $20,000 for business-related meal and entertainment expenses – helping bring people together and support local jobs.
“This doesn’t stop with each individual business but will create a positive economic knock-on effect, where the funds are spent, creating jobs and giving back some certainty.
“We understand times are tough for small businesses, but the Coalition has a plan to get Australia Back on Track.
“We will tackle the cost-of-living crisis head-on and grow a stronger future for all.”
Vassie Comino from P. Comino & Sons with Andrew Willcox