Tax cuts and simpler paperwork are on the way for Wauchope and Mid North Coast small businesses, says Lyne MP and Assistant Health Minister David Gillespie.
He was here with Small Business Minister Michael McCormack as part of a nationwide small business roadshow which takes in Port Macquarie and Coffs Harbour.
They said tax cuts, redefining small business and extending tax concessions for small business will help create more jobs and grow local small businesses.
Dr Gillespie and Mr McCormack visited Bennetts Steel and Bundaleer aged care facility to hear how local small businesspeople are creating jobs along the NSW Mid North Coast.
“Small businesses are the engine rooms of regional towns like Wauchope. And we know it is small business – not the government – which creates jobs,” Dr Gillespie said.
“That’s why I wanted to take the minister to a family-owned steel business and a local aged care facility. These are the people who create jobs and opportunities for locals, who provide the services locals need and who ensure the local economy continues to grow,” he said.
“Our small business tax cuts are an injection of confidence in local economies to help them create jobs and opportunities locally.”
Small Business Minister Michael McCormack said the recent cut in the company tax rate delivers the lowest taxes for small business in half a century.
“We are the government for small business. Many of us ran small businesses before our election to Parliament and that is why we understand just how important it is that the Government backs Australia’s 3.1 million small businesses,” he said.
Tanya Simmons of Bennetts Steel said competition is tough but they work very closely with bigger companies and competitors.
“It’s about all of us getting a bit of that pie. Being part of a community, there’s a great loyalty from customers and suppliers,” she said.