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BOXING DAY BONANZA FOR BUSINESSES Featured

BOXING DAY BONANZA FOR BUSINESSES

Shoppers vote with their feet
TREASURER Dominic Perrottet today backed the rights of NSW businesses to open on Boxing Day, as tens of thousands of shoppers across the State voted with their feet and took advantage of post-Christmas sales.

“Today I visited Westfield at Parramatta and the place was absolutely humming with people shopping and retailers doing a roaring trade,” Mr Perrottet said.

Mr Perrottet said the Government had passed legislation in September 2017 to permanently give retailers, employees and consumers the freedom to trade, work and shop on Boxing Day, provided employees freely elect to work, after a two-year trial and comprehensive review conducted by Professor Percy Allan AM.

In a submission made to the Government at that time the Shopping Centre Council of Australia (SCCA) analysed foot traffic and found Boxing Day was one of the most popular days for trading across the Christmas-New Year period.

Mr Perrottet also took aim at Labor leader Michael Daley’s pre-Christmas pledge to stop further payroll tax relief as being a “kick-in-the-guts” for small businesses.

The NSW Liberals & Nationals announced in June the payroll tax threshold would be lifted progressively to $1M, meaning approximately 5,000 fewer businesses would pay payroll tax and around 40,000 would save up to $13,625 per year by 2021-22.

“Small businesses are the backbone of NSW, and this is the last thing mums and dads battling to build a bright future for their families want,” Mr Perrottet said.

“If Labor implement their policy of not raising the threshold to $1M in 2021-22 around 38,000 businesses will continue to pay up to $8,175 more payroll tax per annum.

“If you add in the long list of projects Labor want to cancel, you have all the ingredi

 



editor

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Michael Walls
michael@accessnews.com.au
0407 783 413

Access News is a print and digital media publisher established over 15 years and based in Western Sydney, Australia. Our newspaper titles include the flagship publication, Western Sydney Express, which is a trusted source of information and for hundreds of thousands of decision makers, businesspeople and residents looking for insights into the people, projects, opportunities and networks that shape Australia's fastest growing region - Greater Western Sydney.