Murwillumbah Chamber of Commerce president Toni Zuschke
Murwillumbah Chamber of Commerce president Toni Zuschke John Gass

Businesses respond to budget

BUSINESSES have had time to digest the 2012 federal budget but many were finding it difficult to swallow.

Murwillumbah Chamber of Commerce president Toni Zuschke was scathing at the budget and said she was "beyond angry".

"There is no job creation in this budget what so ever. There is no meat on the bones and there is no planning," Ms Zuschke said.

"They (federal government) are so focused on the money that comes from Port Hedland (resources)."

Ms Zuschke said the money for families was to win over voters.

"There is nothing there to give us business confidence," she said.

"It looks like a desperate attempt by a failed government."

Richmond MP Justine Elliot said she understood the frustration in the business sector.

"In relation to company tax, I understand the frustration of the business community and I suggest they direct that frustration at Mr Abbott and Mr Hockey," Mrs Elliot said.

"The proposed company tax cut has repeatedly been rejected by the Liberals and Nationals.

"Our objective is to spread the benefits of the mining boom so we've redirected these funds to families in a way that helps the economy, especially small business.

"We're also supporting companies struggling with a high dollar by introducing a loss carryback."

Ms Elliot said the budget would give families a lot of relief in the face of increasing cost-of-living expenses, such as petrol and electricity.

"I know many people in our community feel like this is somebody else's mining boom," she said.

"That's why the budget will spread the benefits of the mining boom to help everyday Australians with cost of living pressures."

Ms Elliot said 9500 families in Richmond with kids in schools would benefit from a $410 for each child in primary school and $820 for each child in high school as part of the new Schoolkids Bonus.

She said the government was increasing family payments by up to $600 for more than 12000 families in Richmond.

There will be 13,063 local young people, single parents and the unemployed currently receiving allowances. Singles will receive a $210 lump sum payment while couples will receive $350.



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