Tuesday, 2 April 2019

Hunter Business Chamber Outlines Budget Hopes

BY CATHERINE ALLEN

The eagerly awaited upcoming federal budget is due to be released tonight at 7pm, potentially making waves for the local region.

The latest budget is expected to include increases to infrastructure spending as well as tax cuts for big business in what is touted to be a "family friendly" budget.

The Hunter Business Chamber is pushing for regulatory changes benefiting small-to-medium sized businesses hoping to build on current export markets and create extra incentive payments for apprentice and trainee positions.

CEO Bob Hawes said that while aid for families is important; if people don't have a job the rest falls apart.

"There's a lot of things that the federal government can look at that impact all business and we've already put a few ideas forward and backed up the NSW business chamber on ideas around extending export grants, subsidies that they've had in place in recent years," he said.

"In relation to the Hunter, obviously we like to keep track of what's happening in Defence, that has an enormous impact in relation to what's happening at Williamstown and to a lesser extent Singleton, but also Health and Education."

Image: SBS