CCIWA - Federal Budget Analysis 2019
WA business congratulates the Federal Government for budgeting a $7.1 billion surplus in 2019-20, which would be the first surplus in 12 years, and outlining a plan to pay off net debt within a decade – the key to unlocking further investment in infrastructure, hospitals and schools and boosting job creation.
Targeted tax relief for small businesses and low and middle-income earners will boost spending in the WA economy, assist employment growth and help ease cost of living pressures for households. Four out of five WA jobs are created by business, which means making it easier for small businesses in particular to create jobs is critical.
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