{"id":91469,"date":"2022-05-05T16:52:11","date_gmt":"2022-05-05T16:52:11","guid":{"rendered":"https:\/\/websitedesigns.com.au\/elankanew\/?p=91469"},"modified":"2022-05-05T16:52:40","modified_gmt":"2022-05-05T16:52:40","slug":"prime-minister-joint-media-release-a-stronger-future-for-australian-small-business-thursday-5-may-2022-secunofficial","status":"publish","type":"post","link":"https:\/\/websitedesigns.com.au\/elankanew\/prime-minister-joint-media-release-a-stronger-future-for-australian-small-business-thursday-5-may-2022-secunofficial\/","title":{"rendered":"Prime Minister – Joint Media Release – A stronger future for Australian small business – Thursday 5 May 2022 [SEC=UNOFFICIAL]"},"content":{"rendered":"

UNOFFICIAL<\/span><\/strong><\/p>\n

\"Prime<\/p>\n

The Hon. Scott Morrison MP<\/span>
\n<\/strong>Prime Minister<\/span><\/span><\/p>\n

\"Scott<\/p>\n

The Hon. Angus Taylor MP<\/strong><\/span><\/p>\n

Minister for Industry, Energy and Emissions Reduction<\/span><\/p>\n

The Hon. Stuart Robert MP<\/strong><\/span><\/p>\n

Minister for Employment, Workforce, Skills, Small and Family Business<\/span><\/p>\n

JOINT MEDIA RELEASE<\/strong><\/span><\/p>\n

Thursday 5 May 2022<\/span><\/p>\n

A STRONGER FUTURE FOR AUSTRALIAN SMALL BUSINESS<\/b><\/span><\/p>\n

A re-elected Morrison Government will help create 400,000 small and family businesses and back programs to help them cut their overhead costs.<\/span><\/p>\n

The new pledge to support the creation of 400,000 new small and family businesses over the next five years comes as the Morrison Government invests $17.9 million in the Business Energy Advice Program (BEAP) to help businesses navigate the electricity retail market and adopt more efficient technologies to reduce their energy cost.<\/span><\/p>\n

\u201cWhen we create small businesses, we create jobs,\u201d the Prime Minister said.<\/span><\/p>\n

\u201cOur plan for a strong economy and a stronger future for all Australians relies on strong small businesses.<\/span><\/p>\n

\u201cThat means keeping taxes at record lows, slashing red tape, backing trades training and apprentices, signing new trade deals to create new export markets, and ensuring businesses can tackle the overhead costs of electricity prices.<\/span><\/p>\n

\u201cWe have the track record to set the conditions that help create businesses, and our ambitious pledge will see 400,000 more join our economy.\u201d<\/span><\/p>\n

<\/span><\/p>\n

New data from the ATO also shows the Morrison Government\u2019s unprecedented tax incentives have driven $23 billion of business investment in the last year. With more than $21.8 billion of business investment from our expanded instant asset write off and an extra $1.2 billion paid through the loss carry back initiative, we\u2019re still seeing the benefits flow today.<\/span><\/p>\n

Notwithstanding the largest economic shock since the great depression, non-mining private business investment grew by 10.8 per cent through the year to the June quarter 2021, on the back of the Government\u2019s business investment incentives. This is expected to continue with non-mining business investment forecast to grow by 7 per cent in 2021-22 and 9 per cent in 2022-23, reaching the highest share of the economy since 2011 in the June quarter of 2023. Overall our incentive programs are expected to support $320 billion of business investment and create an additional 60,000 jobs by the end of June 2023.<\/span><\/p>\n

Minister for Industry, Energy and Emissions Reduction Angus Taylor said the expanded BEAP would benefit high energy using businesses in the accommodation, hospitality, agricultural, and our manufacturing sectors.<\/span><\/p>\n

\u201cSince we launched the BEAP in 2019, over 13,000 small businesses have accessed the service to learn more about their energy bills, to plan energy audits, identify energy savings opportunities and ultimately lower their power bills,\u201d Minister Taylor said.<\/span><\/p>\n

\u201cPractical programs like this, alongside the Energy Efficient Communities program and the Hotel Energy Uplift program, have supported thousands of small businesses across Australia to invest in equipment upgrades and save money on their energy costs.<\/span><\/p>\n

\u201cThe extra investment in the Business Energy Advice Program will see an extra 15,000 sessions and combined with our $60 million Powering Business program and the instant asset write off, we\u2019re giving small and medium businesses the tools to lower their costs, increase their productivity and ultimately grow their businesses.\u201d<\/span><\/p>\n

The expanded Business Energy Advice Program will deliver advisory services to small and medium businesses as well as micro businesses (with 0-5 employees) affected by natural disasters and other hardships. The Government is also enhancing the BEAP small business energy check tool.<\/span><\/p>\n

Minister for Employment, Workforce, Skills, Small and Family Business Stuart Robert said the Government continued to back small businesses to grow and create jobs as part of our plan for a stronger future.<\/span><\/p>\n

\u201cWe\u2019ve seen more than 100,000 small and family businesses start up in the last 12 months alone and we know what is needed to help create even more,\u201d Minister Robert said.<\/span><\/p>\n

\u201cOur Plan reinforces our commitment to small and family business with a comprehensive package of measures to support small businesses to grow, innovate and create more jobs.<\/span><\/p>\n

\u201cIt builds on our small business investment incentives, including a 20 per cent bonus tax deduction on the costs of external training for employees and a 20 per cent bonus tax deduction on investing in new technology, up to $100,000 per year.<\/span><\/p>\n

\u201cOur recent Budget also reinforces our commitment to small and family business with a comprehensive package of measures to support small businesses to grow, innovate and create more jobs.<\/span><\/p>\n

\u201cFrom $5.6 million for a dedicated small business unit in the Fair Work Commission to $8 million to the Australian Small Business and Family Enterprise Ombudsman making it easier to access expert advice, $4.6 million to extend Beyond Blue’s NewAccess for Small Business Owners program, $10.4 million to enhance and redesign the Payment Times Reporting Portal and Register, and $2.1 million for Financial Counselling Australia\u2019s Small Business Debt Helpline making it easier for small business owners to receive financial advice.<\/span><\/p>\n

\u201cLabor does not support enterprise, aspiration or small business. Labor have repeatedly voted for higher taxes and higher costs for small business and want to return union lawlessness to the construction industry by abolishing the Australian Building and Construction Commission and the Registered Organisations Commission.<\/span><\/p>\n

\u201cWith plans for $302 billion in extra spending proposed by Labor, we know that when they start spending they can\u2019t stop. They can\u2019t manage money so they always come after yours.\u201d<\/span><\/p>\n

[ENDS]<\/strong><\/span><\/p>\n

Media Contacts:<\/strong><\/span><\/p>\n

Prime Minister\u2019s office: Rosa Stathis, 0417 669 223<\/span><\/p>\n

The Hon. Scott Morrison MP, Sydney<\/strong><\/span><\/p>\n

Press Office of the Hon. Scott Morrison MP, Prime Minister, Canberra<\/span><\/p>\n

_____________________________________________________________________\u00a0<\/span><\/p>\n

IMPORTANT: This message, and any attachments to it, contains information\u00a0 that is confidential and may also be the subject of legal professional or\u00a0 other privilege. If you are not the intended recipient of this message, you\u00a0 must not review, copy, disseminate or disclose its contents to any other\u00a0 party or take action in reliance of any material contained within it. If you\u00a0 have received this message in error, please notify the sender immediately by\u00a0 return email informing them of the mistake and delete all copies of the\u00a0message from your computer system.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

UNOFFICIAL The Hon. Scott Morrison MP Prime Minister The Hon. Angus Taylor MP Minister for Industry, Energy and Emissions Reduction The Hon. Stuart Robert MP Minister for Employment, Workforce, Skills, Small and Family Business JOINT MEDIA RELEASE Thursday 5 May 2022 A STRONGER FUTURE FOR AUSTRALIAN SMALL BUSINESS A re-elected Morrison Government will help create […]<\/p>\n","protected":false},"author":3,"featured_media":41414,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"aside","meta":{"footnotes":""},"categories":[20],"tags":[43738,17521,17522],"class_list":{"0":"post-91469","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-articles","8":"tag-hon-angus-taylor","9":"tag-hon-scott-morrison","10":"tag-hon-stuart-robert","11":"post_format-post-format-aside"},"yoast_head":"\nPrime Minister - Joint Media Release - A stronger future for Australian small business - Thursday 5 May 2022 [SEC=UNOFFICIAL]<\/title>\n<meta name=\"description\" content=\"A re-elected Morrison Government will help create 400,000 small and family businesses and back programs to help them cut their overhead costs.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Prime Minister - Joint Media Release - A stronger future for Australian small business - Thursday 5 May 2022 [SEC=UNOFFICIAL]\" \/>\n<meta property=\"og:description\" content=\"A re-elected Morrison Government will help create 400,000 small and family businesses and back programs to help them cut their overhead costs.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/websitedesigns.com.au\/elankanew\/prime-minister-joint-media-release-a-stronger-future-for-australian-small-business-thursday-5-may-2022-secunofficial\/\" \/>\n<meta property=\"og:site_name\" content=\"eLanka\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/eLanka.com.au\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-05T16:52:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-05-05T16:52:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/websitedesigns.com.au\/elankanew\/wp-content\/uploads\/2020\/01\/Scott-Morrison-e1579883560878.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"558\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"eLanka admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"eLanka admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/websitedesigns.com.au\/elankanew\/prime-minister-joint-media-release-a-stronger-future-for-australian-small-business-thursday-5-may-2022-secunofficial\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/websitedesigns.com.au\/elankanew\/prime-minister-joint-media-release-a-stronger-future-for-australian-small-business-thursday-5-may-2022-secunofficial\/\"},\"author\":{\"name\":\"eLanka admin\",\"@id\":\"https:\/\/websitedesigns.com.au\/elankanew\/#\/schema\/person\/f6e635b74ab35ef88a68a9973cacc5bd\"},\"headline\":\"Prime Minister – Joint Media Release – A stronger future for Australian small business – Thursday 5 May 2022 [SEC=UNOFFICIAL]\",\"datePublished\":\"2022-05-05T16:52:11+00:00\",\"dateModified\":\"2022-05-05T16:52:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/websitedesigns.com.au\/elankanew\/prime-minister-joint-media-release-a-stronger-future-for-australian-small-business-thursday-5-may-2022-secunofficial\/\"},\"wordCount\":994,\"publisher\":{\"@id\":\"https:\/\/websitedesigns.com.au\/elankanew\/#organization\"},\"image\":{\"@id\":\"https:\/\/websitedesigns.com.au\/elankanew\/prime-minister-joint-media-release-a-stronger-future-for-australian-small-business-thursday-5-may-2022-secunofficial\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/websitedesigns.com.au\/elankanew\/wp-content\/uploads\/2020\/01\/Scott-Morrison-e1579883560878.jpg\",\"keywords\":[\"Hon. 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