The Budget gave business little to sing and dance about. It was a ‘holding’ Budget, delivered in an election year with promises of things to come (ie, growth).
The usual deficits apply and every commentator I have read in the past week does not see things changing much.
With serious issues to face like growth in manufacturing I wonder where the imputus is going to come from to move the country ahead. I wonder where the vision is to develop a more dynamic economy.
As I have said before, we do need a Minister of Manufacturing who can help move the country ahead. Not with promises of matching Australia by 2025 but with a more realistic aim. A Minister who can use the allocated $m36 for a boat race for manufacturing development instead.
In the end, tourism is not going to do it for us.We need to make and export our own goods instead of relying on masses of Australian and Asian visitors to be a major revenue source.
What do you think? What is your company doing to succeed? Let us know how it is for you. What are your impressions of the Budget?