Small firms get cuts, but big business creates jobs

Original article by Adam Creighton
The Australian – Page: 4 : 5-Jun-18

The proportion of Australian workers who are employed by small businesses fell from 44.4 per cent to 43.8 per cent in 2016-17. The first phase of the Federal Government’s tax cuts for small businesses took effect on 1 July 2015, but the sector has accounted for just 18 per cent of jobs that have been created since then. University of Tasmania economist Saul Eslake says the figures demonstrate that taxing small businesses at a lower rate than large companies does not generate more jobs.

CORPORATES
UNIVERSITY OF TASMANIA, ALPHABETA, XERO LIMITED – ASX XRO

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s