The Turnbull budget for 2016 was handed down last week to mixed reviews.
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We keep hearing that this was a safe budget not really hitting the average Australian.
You may want to rethink your point of view.
It is worth taking a look at how the budget is giving a shot in the arm to the largest employer in Australia - small business.
This may be better than any sporting peptide out there.
The budget is being sold to us on three words, ‘jobs and growth’.
I believe we need to add a fourth word to the fray, ‘confidence’.
Small business is the backbone of this country and has been doing it tough for quite some time.
With the term small business casting a much wider net with companies up to a turnover of $10 million, it makes investment in this area even more important.
When you invest in small business you are investing in the people of this country.
Over 95 per cent of businesses in Australia are small businesses.
This budget seems to have a plan to make small business stand up tall and have the confidence to invest in the future: To invest in its staff and look for sustainable growth through long term planning.
The only way that we are going to see this all come together is with confidence.
Confidence is something that you cannot just flick a switch on and is something that is earned over time.
This budget with its small business investment through the lowering of the tax rate is the start of a ten year plan, which will hopefully be the start of 10 years of confidence.
Those who have the confidence to back themselves and raise the bar are also winners from this budget.
There is a focus on Australia being at the forefront of innovation and entrepreneurship. Investment in this area is on the rise.
Investment in youth internships will also be a valuable stepping stone for those looking to transition into the workforce.
Youth unemployment has been sitting around the 20 per cent mark for quite some time, so a change is well and truly overdue.
I come back to the word confidence. It is something that is earned not given.
If we all starting looking at the glass half full, the sky is the limit with what we can achieve for the national and local economy.