News

Small business holds little hope for budget relief

Andrew Shaw (left) and Ian Corney are small business owners who are interested in what the budget holds for small business.
Andrew Shaw (left) and Ian Corney are small business owners who are interested in what the budget holds for small business. Brenda Strong

SMALL business owners will be watching today's Federal Budget closely, hoping for any tax relief on the horizon.

Andrew Shaw is a director of CQ Diesel Fitting, a local business of about 60 staff which specialises in equipment repair, from mining to light vehicles.

Mr Shaw said he didn't have confidence in the government's economics.

"If we ran our business the way the government runs the country, we would be broke," he said.

Deutsche Bank recently published survey results from Mapping the World's Prices 2013, which showed Australia ranked as most expensive in the cost of many goods and services.

The rising cost of everything from rent to even re-stocking office kitchens has affected local business.

"Each month you're looking at somewhere you have to trim (to balance business costs)," Mr Shaw said.

But he's not surprised the Federal Government won't deliver a surplus.

"I couldn't see how they could actually reach a surplus without starving half the nation."

Earlier this week it was announced tax cuts linked to the carbon tax would be deferred.

CQ Diesel Fitting co-owner Ian Corney said he wasn't sure yet how much the carbon tax was affecting his business.

"Only that it affects everything," he said. "Soon as you tax something, it all continues down the line."

Mr Corney is particularly concerned about measures that will cause more expense to business.

"There should be some sort of incentive to drive that, to encourage businesses to get larger and employ more people," he said.

But Mr Corney said people shouldn't expect too much of the Federal Government.

"I think often in Australia, people expect the government to fix this and that. (But) money has to come from somewhere."

Topics:  business, federal budget, small business, tax



'Biggest meteor in years' crashes near Gladstone

FIREBALL: The Orionid meteor shower will provide a light show later this month. Photo: contributed

“This sounds like a big one, first in several years."

Granddad tells of granddaughter's horror abduction ordeal

GLADSTONE grandfather recounts how he was woken by the screams.

WATCH: Burning object crashes near Gladstone, lights up sky

A meteorite may have been spotted crashing to earth this evening.

SPECULATION rife that a meteorite is soaring across Gladstone's sky.

Local Partners

Testament's new album is a concept album

ROME, ITALY- JULY 27, 2016: Testament photographed at The Roman Collisseium in Rome, Italy on July 27,2016. Gene Ambo

Testament to release new album

'Baby' recreates famous Nirvana cover shot 25 years later

The baby from Nevermind album has recreated the iconic cover shot.

PREVIEW: Luke Cage origin story is a strong addition to MCU

Mike Colter in a scene from the TV series Marvel's Luke Cage.

MIKE Colter stars as latest Marvel superhero to get his own series.

Kate goes down fighting in heated Survivor elimination

Australian Survivor contestant Kate Campbell.

YOGA teacher's 'good guys' alliance fails to get off the ground.

Emily Blunt's (almost) singing career

Emily Blunt nearly became the British Britney Spears.

Angelina is blocking calls from Brad Pritt

Angelina Jolie has reportedly blocked Brad Pitt's number.

$40million hotel, shops development project for Mackay

Mt Pleasant hotel and retirement accommodation, proposed at 194-202 Malcomson St.

$40m development to take Mackay to 'the next level'

'Flex muscles': Gladstone suburb drops $120K

BUYERS are scooping unprecedented deals by “flexing their muscles at the table”

Few bright lights for property after mining downturn

The Gladstone Regional Council wants associated LNG companies like Bechtel to be apart of the EIS housing accommodation strategy from the outset of the projects and not mid-way through.

Tannum Sands continues to write its own property success story

Property 200m from ocean selling for just over $100K

BEACHCOMBER PARK: Work has started on a new $19.2 million development at Toogoom.

The estate's developer is offering huge discounts for early buyers.

UPDATE: Former rodeo champ's sale rained out, now back on

Larkhill local Ken Consiglio is having an auction of most of the things on his property.

'People kept showing up and we had to turn them away'

Market opens as Gladstone sellers drop prices to force sale

VENDORS are dropping the price on houses to force a sale.