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  • P.O. Box 121 Surry Hills NSW 2010 Australia
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New South Wales State Budget 2017-18

Restaurant & Catering Australia (R&CA) has welcomed the NSW Government’s commitments to small businesses included as part of today’s 2017-18 State Budget.

The NSW Government has announced a number of measures targeting small business growth including exemptions on stamp duties for commercial vehicle, professional indemnity and public liability insurance products.

This policy will apply to businesses with turnover of less than $2 million from 1 January 2018 and will result in savings for businesses of almost $100 million each year by 2018-19.

The NSW Budget also included a funding commitment of $9.4 million to reduce the red tape burden for the establishment of small businesses through an online portal.

Read R&CA’s media release here.

View R&CA’s analysis here.