The 2020 federal budget is set to provide opportunities for local business owners in the trade sector, through the instant asset write-off, and funding for apprentices and trainees.
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The asset write-off will allow small, medium and larger businesses to write off the full value of any eligible asset they purchase for their business until June 2022, which Mannion Drilling's Jacinta Mannion is set to take full advantage of.
She told the NVI on Wednesday that she and her husband had been discussing purchasing new equipment for their company, and this addition to the budget meant their 'maybe' turned into a definite 'yes'.
"We're probably straight up going to look at buying three pieces of equipment to expand our businesses and help our activities," Mrs Mannion said.
"We'll order those trucks from the local dealer in Tamworth and get all the repairs and services locally ... so it's that carry on effect through the businesses."
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She said the 50 per cent wage subsidy for businesses who employ new apprentices and trainees will benefit them, too.
"We're doing a lot more in-house tasks and things like that and we're obviously trying to retain more local kids in town so we can open ourselves up to employ and give opportunities to kids so they don't move out of the area," she said.
"We want to use those resources to upskill them or offer things to complement those traineeships to make them good candidates for our business."
Gunnedah Chamber of Commerce president Juliana McArthur also backed the wage subsidy and the $1.2 billion to create 100,000 new apprenticeships and traineeships.
"Gunnedah has a shortage of skilled workers so it's great that the commonwealth government has kept up a focus on the need to develop skills and the wage subsidy is going to assist with that," Mrs McArthur said.
I know they want to stimulate spending, but what small business need right now is cash to help them with their existing employees for a bit longer.
- Gunnedah Chamber of Commerce president Juliana McArthur
But, similar to mayor Jamie Chaffey's opinion, Mrs McArthur said this didn't help bring educators with these skills to town.
"There are still difficulties in the system because we don't necessarily have local training to train those apprentices through TAFE," she said.
She also wasn't completely set on the new JobMaker initiative, either.
This $4 billion hiring credit is set to encourage businesses to hire younger Australians, but Mrs McArthur said a "cash flow boost" was what small businesses needed the most.
"JobMaker certainly provides a big incentive to take on a new employee, however I do wonder if the government could have continued with JobKeeper and the cashflow boost instead, because what it gave businesses is a cash injection, particularly small business," she said.
"Small business are already managing current employees, and now the government wants us to take on new employees and we'll get a subsidy for that.
"I think the timing is bit premature, because the economy is not back on its feet, and I know they want to stimulate spending, but what small business need right now is cash to help them with their existing employees for a bit longer."