Critics accuse Small Business Minister Anne Aly of dismissing some failures as ‘dodgy’ operators amid rising insolvencies, while a public rift emerged between Prime Minister Anthony Albanese and Treasurer Jim Chalmers over delaying an ATO credit card payment ban until mid-2027.
Opposition leaders like Angus Taylor highlight a new trust tax that could cost businesses up to $13.3 billion in compliance, far outstripping its $4.5 billion revenue projection in the first year.
Nearly 50,000 Australian businesses have gone bust under Labor and under Anne Aly as Small Business Minister.
When confronted with the numbers, her response was: “Maybe they were dodgy.”
While small business owners are being crushed by soaring power bills, higher interest rates, higher taxes, more workplace red tape and surcharge-ban chaos, the Minister blames the victims.
The IMF forecasts Australia’s unemployment rising most among advanced economies next year, adding to pressures as Labor defends the changes as closing loopholes for high earners.
Today, Anthony Albanese is coming after small and family business with a new tax.
Every small business I visit, every small business owner I meet – I hear the same message. Labor is out to get us. They don’t want us to succeed.
Labor has a spending problem, and now it wants small and family businesses to pay for it. The new Trust Tax isn’t just a raid on a wealthy few. It’s a smash and grab on thousands of small businesses.
This is a tax on tradies, truckies, farmers, hairdressers, gyms, pharmacists, real estate agents, mortgage brokers and more.
Labor’s new tax will cost small and family businesses $13 billion in extra compliance costs.
Instead of waging war on small business, government should be saying to small business: How can we help? How can we make it easier for you to grow, invest, and hire more people?
Small businesses in this country don’t deserve a government that fights them.
They deserve a government that fights for them. A Taylor-Canavan government will do exactly that.