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Australian Government Coat of Arms

Budget | 2015-16

Budget 2015-16
Australian Government Coat of Arms, Budget 2015-16

Jobs & Small Business achievements to date

The Government is creating the right environment for the over two million small businesses across Australia.

Since the Coalition came to office, around a quarter of a million new jobs have been created.

Company registrations reached a record high in 2014.

Over 280,000 new businesses were established during 2013-14.

The Government is working to support jobs and small business. We have:

✓ Repealed the Carbon Tax

✓ Repealed the Mining Tax

✓ Agreed Free Trade Agreements with China, Korea and Japan

✓ Announced $2.45 billion in annual red tape savings

✓ Established the $484.2 million Entrepreneurs Infrastructure Programme

✓ Created new employment opportunities through a $50 billion commitment to transport infrastructure

✓ Established a new $6.8 billion jobactive employment services package, commencing 1 July 2015

✓ Delivered a comprehensive reform package for the VET sector

✓ Introduced Restart – a wage subsidy to help Australians aged over 50 to find employment

✓ Established the Small Business and Family Enterprise Ombudsman

✓ Expanded tax concessions for Employee Share Schemes

✓ Begun to introduce changes to support crowd-funding

✓ Extended unfair contract term protections to small business

We want to ensure Australia is one of the best places in the world to start and grow a business. The Jobs and Small Business package delivers further measures that will energise enterprise and help Australians into jobs.