The absence of a key tax measure for small businesses and flatlining business investment has made this budget an underwhelming one for the business community. However, Business NSW welcomes additional income tax cuts, and a further $150 in energy rebates for households and small businesses.
It is a pre-election pitch containing some modest initiatives for businesses amid challenging economic conditions, heightened further by the recent impacts of Ex-Tropical Cyclone Alfred and trade uncertainty including announcements by the Trump Administration.
