A Message
from the Prime Minister
16 May 2015
Over coming days, my colleagues
and I will be talking about the benefit of the Budget for families, for small business and for our economy.
The Budget is the next step in our economic plan for jobs, for growth
and for opportunity.
It is responsible, measured and
fair.
It cuts taxes and will create
jobs and it delivers a responsible path back to surplus.
Since the last election, our
economy has created a quarter of a million new jobs and the centrepiece of this Budget is a plan to create even more.
Of course, small businesses
provide 4.5 million Australians with their jobs.
They provide four in ten jobs in
the private sector, six in ten in construction and eight in ten in agriculture.
This Budget cuts the small business company tax rate to the lowest in
almost 50 years.
And for two years, we’re giving
all small businesses an immediate tax deduction on any asset they buy costing
up to $20,000.
This will benefit over 95 per
cent of all Australian businesses.
This Budget also delivers for families.
Our Jobs for Families reform will
deliver a simpler, more affordable and more accessible child care system.
It will provide parents with
greater choice when it comes to balancing work and family.
And low- and middle-income
families will be $1500 a year better off if they’re using the child care
system.
If you want to know more about
how this Budget helps you and your
family, visit www.budget.gov.au. |
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