12 July 2017

Along the road to growth at Gundagai

THERE’S a track winding back to a job-creating shack along the road to Gundagai, Small Business Minister and local Nationals’ MP Michael McCormack says.

“Across Australia, Gundagai and its Dog on the Tuckerbox is synonymous with country life, and thanks to recent changes by the Federal Government, Gundagai is also synonymous with small business,” Mr McCormack said.

Meeting with local small businesspeople in Gundagai, Mr McCormack said lower taxes and the instant asset write-off will help small businesses grow and create more jobs.

“Country communities such as Gundagai are communities of small business. From local farmers to shops along Sheridan Street and everything in between, many locals are employed and much of the economy exists thanks to small business,” Mr McCormack says.

“That’s why I know our small business tax cuts – down to 27.5 per cent, the lowest it’s been in many years – and the extension to the instant asset write-off will help those small businesses expand.

“By using the $20,000 instant asset write-off to purchase the equipment a small business needs locally, more money will stay flowing around Gundagai’s community and help create more jobs.”

Mr McCormack said the Federal Government’s significant investment in the Sheridan Street upgrade will benefit small businesses in town.

“The beautification of the main street is a great investment in Gundagai’s small businesses in Sheridan Street,” Mr McCormack said.

“I know the money the Federal Government invested will inspire confidence locally and help encourage travellers to turn off the highway, stay in local motels and get something to eat from one of Sheridan Street’s great pubs or cafes.”

Mr McCormack said feedback from small businesses helps shape policy discussions in Parliament.

“My most important role is as the local MP for the Riverina and Central West, but I am determined to use the ideas and feedback of small businesses around the region, including through local roundtables, to help shape policy discussions as Australia’s Small Business Minister,” Mr McCormack said.

“I understand how vital small business is for jobs and opportunities in country communities and that’s why the Federal Government is backing small business all the way.”