COSBOA was invited to submit a Pre-Budget Submission in February where COSBOA outlined its recommendations to grow the Australian economy and support small businesses across the country.
COSBOA’s Submission focused on tax, viagra supporting growth and skills development; the key areas it feels need an overhaul to help and grow small businesses.
It is the belief of COSBOA that a flexible and less complex tax system is needed and one that is not geared in the favour of big business, seek which in the past has seen its power and share of the market used to its own advantage.
The report also focused on skills development and describes the current Vocational Education and Training (VET) system as being in a crisis and not delivering quality service in many sectors.
Peter said: “COSBOA believes in particular that much of the billions of dollars spent in the vocational training sector is wasted and wants to see funds invested into technical and ‘on the job’ training.”
He concluded: “Giving small business associations greater influence over how that money is spent will create greater outcomes without an increase in expenditure. There is money in the budget that can be better spent through small business. We believe the ideologues should be put in a room together, order the doors locked, the keys thrown away; and then we can get on with reality!”
COSBOA will be watching closely when The Hon. Scott Morrison delivers his budget this evening, with it being rumored that this will be another good budget for small business.