Small business owners underwhelmed with measures in federal budget

📆 15/05/2024 8:28:00
📰 SBSNews

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A $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.

He says he's used to feeling left out when it comes to budget time.

The risk of failure for small businesses rose by 20 per cent in the past year, according to recent data by credit reporting firm Illion.Owner of restaurant One Noodle Pot, Georgina has told the SBS News In Mandarin TV program, it's a tough time. The seasonally adjusted wage price index rose 0.8 per cent this quarter - and 4.1 per cent over the year.

Luke Achterstraat ] is the Chief Executive of the Council of Small Business Organisations Australia - or COSBOA ].

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