The Coalition says it will introduce tax offsets to help an extra 350,000 small businesses get going if it is elected. On Saturday morning, the opposition leader, Peter Dutton, announced an “entrepreneurship accelerator” which would see new businesses receive tapered tax offsets and tax deductions for tech upgrades. Dutton also reasserted his commitment to tax breaks for business lunches, a policy Labor described as amounting to using taxpayers funds to “shout your boss steak tartare”. During a visit to the Sydney Royal Easter Show on Saturday morning, Dutton also announced $20m for infrastructure and new attractions at regional agricultural shows.
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