Monday, June 11, 2012


Retailers unveil NSW budget wish list

 

Australia's peak retail body says it wants major cuts to NSW payroll tax in the state budget.
In a move to boost the sector, the Australian Retailers Association (ARA) has outlined seven points they hope NSW treasurer Michael Baird will address in Tuesday's budget.
Among the wish-list is a call for a 'minimum 25 per cent in reduction in red tape', which they say could mainly be achieved through cuts to the payroll tax.
'Retailers in NSW pay some of the highest payroll taxes in the country, which hampers their ability to compete on a national scale,' ARA Executive Director Russell Zimmerman said in a statement on Monday.
The association has also called for improved transport links for the supply of goods and investment in workplace training through VET funding.
The ARA said it also did not want to see any extra taxes or charges on households.
'NSW retailers also need to see some relief from low consumer sentiment through initiatives which stimulate household spending rather than squeeze budgets any further,' Mr Zimmerman said.
While accepting for the government to return to surplus, the association said this should not come at the expense of business investment or further pressure on household budgets.

Source : http://www.skynews.com.au/politics/article.aspx?id=759824&vId=


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