THE Star asked the following federal election candidates for Chifley what their party was offering to help small businesses.
Ed Husic, Labor MP
"This week the Prime Minister has announced three new measures to help small businesses.
"The Rudd Labor Government will cut red tape for small businesses, enabling them to pay their employees' superannuation to a single location in just one simple electronic transaction.
"We will also enable businesses with fewer than 20 employees to streamline administration of our successful Paid Parental Leave (PPL) scheme by having Centrelink make PPL payments to their employees whilst they are on parental leave.
"A re-elected Rudd Labor Government will create a $10 million Small Business NBN Innovation Fund to help small businesses across the country unleash the full potential of the National Broadband Network (NBN)."
Isabelle White, Liberal
"The Coalition's policy for jobs and growth in small business: If elected, a Coalition government will lower small business taxes, cut red tape, encourage small business finance and change the culture of government to encourage small business growth."
- Abolish carbon tax
- Reduce company tax rate by 1.5 per cent
- Independent review of the competition framework
- Extend unfair contract protection
- Defer by two years the increase in employer-funded superannuation
- Give small business employees access to Coalition's paid parental leave scheme
- Protect rights of independent contractors and the self-employed
- Improve small business access to government contracts
- Ensure government agencies pay all small business bills within 30 days
- Establish Small Business Ombudsman
Ben Hammond, Greens
"People in small businesses are the heart of the economy and local communities, but disadvantaged compared with big business. While the old parties take the small business sector for granted, the Greens will give them a fairer go by lowering and simplifying taxes.
"Specifically, we are proposing a two per cent tax cut for small businesses from July 1, 2014. This will cost the government $1.75 billion in revenue over the forward estimates, but in return it will help our local businesses compete with national corporations and increase employment prospects locally."