10. Indepth: 6 Ways We'd Stimulate Your Economy
From The Trenches
English - March 05, 2020 04:14 - 21 minutes - 20 MBBusiness News News Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
David Boyar
Don’t reinvent the wheel with political point projects Fund national infrastructure priorities https://www.infrastructureaustralia.gov.au/sites/default/files/2020-02/current_priority_list_%20february_2020.pdf
Government backed investment in start ups
Extend australian business growth fund (proposed at 500m)
Paul Meissner
Expand the capital allowance regime to include stock in limited circumstances. Timing difference so budget neutral but could really help some businesses recover and survive.
Increase the availability of lending, bank guarantee type stuff. Get the cash flowing
Certainly not politically motivated cash handouts. Cost too much for limited gain.
Smart tax cuts. Tax cuts only work if you have made money. Loss carry back rules would specifically target businesses with a profit history that have faced a downturn.
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From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Change GPS. Proudly sponsored by BGL and The Outsourced Accountant.
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