Why small business shouldn't cheer the budget

Small business has been deemed one of the few winners of the federal budget, but the lower corporate tax rate and a small and family business ombudsman may not deliver the benefits many expect.

Small businesses have been hailed one of the few winners of the budget, but as the dust settles many will discover that Joe Hockey has delivered little more than window dressing around the real issues they face.

While Hockey pleas for business to “help out” with the budget repair, the reality is small business is already more than pulling its weight, putting millions of Australians to work and contributing a huge amount of tax to the economy.

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