“The federal government likes to say that it is on the side of small business, yet all we see is more and more businesses go to the wall,” Hunter said.
“To keep good businesses thriving, the NSW government needs to take a serious look at lowering payroll tax levels, bed down proper reform of the Emergency Services Levy to reduce the pressure on insurance premiums and establish a new energy advice and support program targeting the SME sector. Federally, we need both a rethink of the recent industrial relations changes and a permanent increase to the size and scope of the instant asset write-off.”
NSW has the highest rate of business insolvencies in Australia. In 2023-24 NSW had 42% of…
