We know that small businesses are the backbone of Australia’s economy and to ensure their survival in our country and coastal communities, the Nationals are continuing to make sure small businesses are rewarded – not punished – for their successes. Backing business to invest and create jobs is a core focus for the 2018 Federal Budget.

Included in the Budget was an extension of the already popular Instant Asset Write-Off. This is available for all small to medium businesses with a turnover of less than $10 million for purchases up to $20,000.

To keep big business accountable tough new anti-phoenixing measures will be introduced to make sure they pay bills to smaller operations – not deliberately go bust to avoid paying what they owe. With the global marketplace forever growing, $250 million will be allocated to the Skilling Australians Fund to deliver small business owners with the people and necessary skills they need to be able to grow their operations.

The Enterprise Tax Plan will also allow businesses to remain internationally competitive so they can invest, create more jobs, boost wages and therefore, increase trade and business opportunities for smaller businesses.

Farmers are also getting a look in and the Nationals in Government have guaranteed they get their fair share in this Budget. More funding will be dedicated to funding against pests, diseases and weeds as well as new technology to improve weather and GPS services, and better detect biosecurity risks.

Under the watchful eye of our Leader, Deputy Prime Minister and Minister for Infrastructure Michael McCormack the $75 billion ten year rolling infrastructure plan will continue. The rollout will fund projects such as the Shoalhaven Bridge and the Coffs Harbour Bypass, and along with the $3.5 billion Roads of Strategic Importance Fund and Building Better Regions fund, jobs will be created right across regional Australia boosting our local economies.

The Nationals in Government are focused on keeping our nation’s small and medium businesses running because we know that when regional Australia does well, all of Australia does well.