As far as small business is concerned, reaction to the 2012 Federal Budget has been mixed.
If you run a business and are concerned about what the Budget will mean, tune in to this webcast this evening at 5:30pm (5pm in SA and NT, 3:30pm in WA), as the Minister for Small Business Brendan O’Connor will lay out policy measures for small and “micro” businesses.
There is an hour scheduled for the presentation and publicity material promises the Minister will “unpack the measures in the budget that are for the MSB sector and discuss practical ways that MSBs [micro & small businesses] can benefit from the budget.”
That hour also includes a breakdown of economic events “likely to affect your business”, by Associate Professor in Economics at UTS, Gordon Menzies. Future tax reform and how it will affect Australians is on the agenda.
If you are short on time, you could alternatively just wait for the Q&A, which might prove interesting. Viewers will have the opportunity to ask questions via the Web site chat function. The event runs like this:
How will the Federal budget impact your business? - May 16:
5.30 - 6.30pm Networking
6.30 - 7.30pm Presentation
7.30 - 8.00pm Questions
(Eastern Standard Time. The events starts at 5pm in SA and NT, 3:30pm in WA)
This is the first of three government-sponsored events that will be webcast for small businesses this year.
NBN - July 2012. The next topic is the NBN and how to prepare for its arrival. Once again, there will be the opportunity to ask questions, this time of the Government, NBN Co. and Net Registry.
Innovation - September 2012. Speakers will come from the Government, Australian Centre for Innovation and Faculty of Business, UTS.
Taking the “fear factor out” of these topics is one aim of these events, the organisers tell us. One advantage: you don’t need the time and money to attend in person.
Once again, to watch the event click here.