Coalition will ‘roll out red carpet’ for business with payroll tax cut

  • 📰 theage
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 77%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Opposition Leader Matthew Guy says that, if elected, he will change Victoria’s payroll tax system “from the worst in Australia to the best in Australia”. VictoriaVotes springst

The Coalition has vowed to “roll out the red carpet” for businesses and cut the payroll tax for small companies as part of its push to reinvigorate the state’s economy in the aftermath of COVID-19 disruption.

“We’re going to make the payroll tax system from the worst in Australia to the best in Australia,” Guy said at the Melbourne Performance Centre in Croydon South. “Payroll tax is a tax on jobs ... [the policy] will allow those businesses to employ more Victorians or rejig their businesses to future-proof them.”to Victoria’s payroll tax system, which they say is not as competitive as that in NSW.

Grattan Institute economic policy program director Brendan Coates said there was no good reason why small businesses should be exempt from payroll tax and the evidence pointed to having a flat rate that applied to all businesses irrespective of size.“This is a pretty piecemeal change,” Coates said. “A root-and-branch reform would go in the other direction to provide a level playing field for small and larger businesses.

While opposition leader in April last year, Michael O’Brien also announced he would lift the payroll tax threshold to $1.6 million, but costed the policy at $1.3 billion over four years.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Bring back all Aussie made goods made in Australia by Australians I miss many of our goods taken over by a use company like Arnott's they don't know how to run thst company its Australian goods and I hope aussies buy it back from them same as cottees flavorings which I loved

LNP propaganda rag The (LNP) Age

Who?

😅😂🤣

Starting with lining his pockets

Another day, another campaign slogan for the Libs by the never independent Age.

Esp. Mafia business - lobsters away!!!!!!

Where’s he going to get the money from to pay for the cuts? His ass?

I have it on good authority that he enrolled in a six week economics course. From memory it was with “King Arthur and Associates” Bahahahaha 😅

Matthew Guy ... Goes missing and then pops up ... like a lobster from a rock crevice to help the top end of town. They probably said to old Matty. Your $2 train idea is sh*t. We drive Mercs and Bentleys ~ We don't travel by train. springst

😂😂😂😂😂😂😂😂😂😂😂😂😂😂

Who?

Hey! Stop it! It’s MATT Guy. Matt! Matt Matty OldMate Knackers Vicpol

He won’t get elected.

And the tooth fairy is real. Grow up. Your paper was once reputable. Sad to see it's demise

And if his mother had wheels she’d be a bike….how about a policy, he’s so lame

Lol, take a look at the pic the non-biased Age used, with free slogan advertising. Next week the Age will have 'Matt Guy promises to give every Victorian movies passes, an icypole and a sunhat of elected.'

It's 4% if you employ a dozen people at a grand a week each in Melbourne. 1% outside Melbourne. Any less and you don't pay at all.

So announcing cuts to services by stealth. Magic Pudding Economics

He won’t be elected 😂😂😂😂😂

Who?

Even with 70% of mainstream media spouting Lib propaganda they don’t have a chance. Get ready for the danslide

🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣😂🤣🤣🤣🤣🤣🤣🤣

Is this a paid advertisment?

Yeah, nah!

Is that the same as going from a drunk driver to a drunk driver who crashes their car🤷‍♂️🤷‍♂️🤷‍♂️

Lobster Guy is where lies go to die.

Hahaha. Lobster mafia fool will NEVER be elected. Lolz 😂

Victoria’s economy is going to boom if Matt Guy and his Liberal team get in

Who is This opposition leader?. Has he come out of his Rathole?

So how are they planning to pay down debt with these tax cuts crippling the Victorian coffers?

A good policy from the Liberals.

The Matt Guy promises every Victorian 6 magic beans...guaranteed to grow if he wins the election...

So he wants to cut taxes in a high debt and inflation economy. Sounds like real good economic management right there

Payroll tax is very stupid. A tax on employing more people

I like this 🍻

It’s of talk, probably my action.

Nothing for those really struggling? Typical LNP only focussed on their liberal mates and donors. springst

Lol. What are the odds of him getting in? And the way the wonderful Dan tackles issues - if he hasn’t tackled it, it ain’t worth worrying about.

A very good Question, how many of His mates pay any Tax in Australia, remember in 2013, Finacial geniuses in Australia, We will save Australia from the ALP, so why are we 1 Trillion in Debt !!!

Matthew Guy is Australia’s most popular parliamentarian? He’s looking forward to a massive landslide on 26 November 2022 that will sweep the LNP into power with a handsome majority. Mathew Guymlrsds a top team of talented candidates.

If it was an ALP candidate you would be asking how they will pay for it.

One gets the feeling that the Vic Libs would be in a better position to get elected if they said nothing, promised nothing, did nothing.

Why give him air time . It’s cooked . Over Red 🦞

Not sure how MatthewGuyMP, who blocks anyone disagree with him, defines “best”. Forget about the fact that Vic’s payroll tax is fairly low already, how is he going to fund all his promises?

DatGuy

Quoting Lobster Guy as fact! Good quote guys! Do better!!

Trickle down, worked well for Truss!

Oh dear the Age should really do some research and not just taking LNP talking points

More BULLSHIT from Guy and the useless lying Vic Libs. He’s gonna fix the debt give us $2 travel build a hospital bed for every Victorian and now cut taxes, what a crock. Sounds about as intelligent as that Pommy PM.

He won’t get elected… dream on wanker!

But what he left out was this: “only for the rich, the poor will pay for the changes for the rich to enjoy”.

And how much will this cost us in services?

This didn't last very long did it?

Who is the Matthew Guy you speak of?

Doesn't this man realise that people know there isn't the money to make radical changes. Every time he opens his mouth he's spouting promises which are unfunded, and impossible. He is becoming more laughable by the day.

Where's the money coming from?

Of course he will. Because that's what the libs do best

sadly for Victorians who want a real alternative, Matthew Guy has missed the boat ...

Yes,your pay will be directed to a Credit/Debit type card.That way all your bills/debits will be automatically payed. You will be allocated 20% of your total wage to be used for cash withdrawals.A company operating in the Caymans and owned by Vic Lib Inc will administer the card.

Nesara and Gesara is coming..... Educate yourself on it.... Its all ready been rolled out in some countries currently Was signed of By all Countries in 2018 (been around since 2001) and this is why we are seeing the collapse of the current monetary system.. Enjoy the show people.

Wasn't he the Planning Minister when the racecourse wall was approved? VicFlood

😂😂😂😂

Always the Liberal answer to all problems ' Tax Cuts' can they tell us how they will pays for Services that people relie on

The Commonwealth bank has ranked the Victorian economy as the best performer in Australia, we don't need the LNP stuffing things up.

Fucking do your research... easy to find out that this is a false claim. Did anyone at the Age challenge him? Of course not.

The Age = uncritical LNP publicity.

Mmm and tasty lobster too. 🦞🍷💰

Ask him to explain how Payroll tax works.

That's an idea, not a policy. More detail needed.

👏 👏 👏. Get it done. Andrews has decimated small buisness.

AllanRaskall mathewguymp always about buisness nothing for the people and believes in trickle down economies a total dunce JohnPesutto

Victoria has the best economy of any of the states. Thanks Dan Andrews Labor Government.

Critically important as small and medium businesses do the heavy lifting on employment and training in Victoria.

Will change it from the worst in Australia to the best in Victoria.

Your headlines are even more of a gift to the Liberals than your fundraisers:

FREE BEER, tomorrow.

Matt wouldn't have a clue about anything. The End.

Liberal Party Clowns with X and Y Policies 🤡 😂

Of course they will!

He has about as much chance of being elected as I do, and I live in WA.

The Lobster Mobster has no credibility.

Cut taxes for businesses without requiring more workers to be employed at all. A totally ineffective idea that will achieve absolutely nothing except more money parked in overseas tax havens.

Geez Matt, that'll really pull in the votes - such an exciting policy announcement. Have you packed your archive boxes yet?

What an uncritically platforming headline! NSW payroll tax is 5.45%. Victorian payroll tax is 4.85% in Melbourne & 2.425% in the regions. I wonder why you're so supportive of the Liberals? It wouldn't have anything to do with being run by one of these guys would it?

lol really ! whens he going to pay the tax payers back they money he used that he should not have done

Brilliant idea. Taxes pay for society’s infrastructure and have to be raised. This is just another attack on Victoria’s tax base with the aim of shifting the burden from his business mates to the workers who try to feed and clothe their kids. This mob have no shame.

the expression on his face says it all, looks to much like a used car salesman

Good Luck with that

Yeah that's not happening.

Wow, what an uncritically platforming headline. I wonder why you're so supportive of the Liberals? It wouldn't have anything to do with being run by one of these guys would it?

Simple Google search NSW: The payroll tax rate reverted to 5.45% on 1 July 2022. VIC: From 1 July 2022 the payroll tax rate is 4.85% except for regional Victorian employers, the rate is 1.2125%.

Helping out their mates at the top end of town. Always.

no he won't, he is too weak

Pandering to the cookers. The Liberal Party does not understand Victorians

Who?

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:

 /  🏆 8. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines