"More regulation, less innovation in the Federal Budget" say Pitcher Partners

    Members' News  | 

    Pitcher Partners welcomes the Turnbull Government’s efforts to back small business and invest in infrastructure to grow the Australian economy.

    “We welcome the government’s extension of the $20,000 instant asset write-off for businesses with turnover of less than $10m,” said John Brazzale, Managing Partner at Pitcher Partners.

    “We know that this assists small businesses in reinvesting and growing their businesses.

    “However, we are disappointed that more has not been done to lower taxes and extend the instant asset write off to mid-sized businesses.

    “Middle market businesses are the backbone of the economy. The Turnbull Government has missed the opportunity to make a real difference in the middle market, given that the middle market accounts for around one third of economic activity.

     “Our clients sought greater simplification of the business environment, including lower taxes, and little has been done in this area to build on last year’s cuts.

    John Brazzale also praised the government’s infrastructure commitments.

    “We’re happy to see a focus on genuinely productive, targeted transport spending in the Budget.

    “In particular, the billions of dollars in infrastructure commitments should encourage investment in nation-building projects that help businesses to move goods, services and capital around the nation.

    “The direct and indirect job creation that stems from these infrastructure investments will assist mid-market businesses in expanding their markets and supply chains, creating growth across Australia.

    “Our one concern on this front is that the government has not given any indication of support for public-private partnerships, which we see as critical to ensuring the construction and associated industries can grow as a result of this increased spend.

     

    Read more on: http://www.pitcher.com.au/news/more-regulation-less-innovation-federal-budget

     

    SOURCE: PITCHER PARTNERS
    WRITTEN BY SABINE BURROWS, 9 MAY 2017

    ParisSydney
    1 EUR1.50 AUD

    Calendar

    Our Patron Members

      • AFP
      • Accor
      • Air Liquide
      • AirFrance
      • Airbus
      • Alstom
      • Anl
      • Atlas
      • BNP Paribas
      • Bollore Logistics
      • Bouygues Construction
      • Bureau Veritas
      • Capgemini Australia
      • Credit agricole
      • DCNS
      • Deloitte
      • EV LNG
      • Engie
      • Ernst and Young
      • Etihad
      • Eurofins
      • Europcar
      • GEODIS
      • GHD
      • HSBC
      • Havas
      • Investment Attraction South Australia
      • KPMG
      • Keolis Downer
      • Liberty Executive Offices
      • Loreal
      • Maddocks
      • Mazars
      • Michelin
      • PIch and Partners
      • Pernaud Ricard
      • Pierre Fabre
      • Powerfulpoints
      • Ramsay
      • Randstad
      • Renault
      • SEB
      • SOS International
      • Safran
      • Schneider
      • Sonepar
      • St Gobain
      • Suez
      • Tarkett
      • Technip
      • Thales
      • Total
      • Transdev
      • Veolia
      • World Wide Printing Solutions

    Contact us

     

    Sydney (NSW Chapter)
    Level 26, 31 Market Street, Sydney NSW 2000
    T (+61 2) 9099 1320 | 
    nsw@facci.com.au

    Melbourne (VIC Chapter)
    Level 5, 121 Exhibition Street, Melbourne VIC 3000
    T (+61 3) 9027 5646
     vic@facci.com.au

    Brisbane (QLD Chapter)
    Central Plaza Two, level 18, 66 Eagle Street, Brisbane QLD 4000
    T (+61 7) 3076 1512 l qld@facci.com.au

    Perth (WA Chapter)
    Level 14, 197 St George Terrace, Perth WA 6000
    T (+61 8) 6141 3384 | wa@facci.com.au


    Adelaide (SA Chapter)
    c/o Agence Consulaire de France d’Adelaide
    429 Gilles Street, 
    Adelaide SA 5000 
    T (+61 2) 9099 1320 sa@facci.com.au 
    (Monday and Wednesday from 9 am to 3 pm)

    Trade Services
    T (+61 3) 9027 5644
     trade@facci.com.au

     

     

    © 2017 FRENCH AUSTRALIAN CHAMBER OF COMMERCE