Master Plumbers NSW CEO, Nathaniel Smith, discusses the implications of the recent federal budget and the contrasting responses from the government and opposition.
Key Highlights:
Government’s Budget: The instant asset write-off has been reduced dramatically from $20,000 to $1,000 — a move that will affect many small businesses.
Opposition’s Response: Promising to increase the instant asset write-off to $30,000 and make it a permanent solution for all small businesses who meet the necessary criteria!
It’s a pivotal moment for our industry—let’s stay informed and engaged!
