Labor's $20000 hiring incentive to small business

Seems Labor is willing to go to bat big time to help both small business and Australian workers with this announcement today. The incentives are aimed at helping small business to hire mums wanting to return to work, older job seekers and young job seekers. I like this policy as its conditional on employing people rather than the govt policy of handing out a tax cut with no requirement/condition to employ more people.  It may even benefit some of the under employed seniors on this forum lol.Also other major transport infrastructure projects being announced. Could be a winner.

"Labor will deliver its answer to the Government's "jobs and growth" election pitch today, using its campaign launch to announce a policy that provides a tax break for small businesses hiring new staff.

Key points:
Businesses will get a $20,000 incentive to hire mums returning to work, older job seekers, under 25s

The policy is designed to create 30,000 new jobs
Businesses will get a $20,000 incentive to hire a mum returning to work, an older job seeker or someone under 25.

The scheme is also likely to be available to people who have taken time off work to care for a relative.

The policy is worth $257 million and designed to create 30,000 new jobs each year.
The Government has made a small business tax cut a major plank of its election platform, it has also promised to gradually extend the definition of a small business from a turnover of $2 million to $10 million.

Labor will also announce that it will back three major infrastructure projects in Brisbane, Sydney and Melbourne if it wins power.

It will commit $400 million towards building the rail link connecting Sydney's outer suburbs in the north west and south west, by the second Sydney airport.
Labor said that would allow the rail line to be built at the same time as the second airport is developed.

The Melbourne Metro Tunnel project will get $500 million, along with extra car parking at stations and bicycle facilities.

The party said it would put $800 million toward the Cross River Rail project in Brisbane — as long as its business case adds up and it successfully finalises negotiations with the State Government."


http://www.abc.net.au/news/2016-06-...-to-confirm-small-business-tax-breaks/7523560