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Small business's and households in WA receive $400 power bill credit
ABC NEWS (Australia)
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5/10/2024
The state government's spent the day spruiking its budget, headlined by a 400-dollar power bill credit for households and small business.
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00:00
There were few signs of modesty as Treasurer Rita Safioti continued selling her first budget
00:06
in the role to old friends and future opponents.
00:09
Can I now introduce the most experienced, qualified and the greatest Treasurer in Australia,
00:16
our Deputy Premier Rita Safioti.
00:19
Are you the best Treasurer in Australia?
00:22
Well, I always back in what the Premier said, so yes.
00:27
The leaders pleased with a budget headlined by a $3.2 billion surplus.
00:34
This t-shirt printing business in Dawesville among 90,000 small businesses to get $400
00:39
off their power bill this year.
00:41
Our responsible financial management and a strong economy mean that we can deliver this
00:46
extra support.
00:48
A welcome measure but for some, not enough.
00:52
It's a long way off the payroll tax amount that we'll be up for this year, you know,
00:57
in the region of 3 or 4% of what payroll tax relief could have provided us.
01:02
The Chamber of Commerce and Industry and the Australian Hotels Association using this West
01:06
Perth business to show what their members would have liked to see.
01:10
It's just not fair that in a rising cost environment, these sorts of businesses get lumped with
01:15
the heaviest payroll tax burden in the country.
01:17
We are pleased they're investing more in tourism events and tourism funding to attract more
01:22
visitors to the state.
01:23
But what small, medium businesses need now is relief from this really burdensome handcuff
01:29
of tax.
01:30
Our focus very much in this budget was first home buyers, cost of living for households
01:34
and making sure we continue to deliver economic infrastructure.
01:38
But there are warnings being too ambitious could risk prolonging inflation pressures.
01:42
There's so much spending in so many areas and not the workforce to deliver on it.
01:49
So that's going to cause delays to projects and the ability to deliver on many things
01:54
and also add some further fuel to the inflationary environment.
01:58
One of many challenges to balance with an election about 300 days away.
02:02
[BLANK_AUDIO]
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