Small business owners underwhelmed with what's in the federal budget

Small business owner Eugene Cheng says he had hoped for more in the budget for small businesses (SBS).jpg

Small business owners say they are underwhelmed with what's in the federal budget. A $20,000 tax boost and energy bill relief has provided some benefits. But business owners say they were hoping for more support to deal with the increase in cost of living pressures.


Along with households, they'll get a $325 energy rebate.
And they will have the ability to claim an immediate tax deduction on the full cost of eligible assets costing less than $20,000 for another 12 months under the instant asset write-off scheme.
Mr Cheng says that will do little to help him with the rising costs of doing business

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