![]() |
| Small businesses are hurting (and closing) under Labor’s federal and state policies |
Labor’s wealth redistribution and bracket creep realities are one result of the federal stage 3 tax cuts adjustments and reversals and fiscal settings that have led to bracket creep.
These effects, amid persistent inflation, are squeezing small business owners and their ability to retain staff or invest in future capabilities. Small businesses face higher effective burdens without the scale of larger firms. Yet they are carrying a proportionately higher regulatory burden.
ASIC has reported record revenue of some $830 million in fines. The NSW government is riding high on the back of increased revenue from fines including small businesses. This is set to continue.
My latest in The Spectator Australia, What if small businesses went on strike against Labor?
The Left are always on strike when they want something from Labor.
— The Spectator Australia (@SpectatorOz) July 21, 2026
But what about Australia's small businesses?
The forgotten community, with no bargaining power, that employ nearly half the private workforce?
The small businesses that are suffering the worst financial burden… pic.twitter.com/G2CiLGqFZs

No comments
Post a Comment