Abbott Announces Australian Small Business Tax Cut

“More jobs and better paid workers will only come from more profitable employers in a better position to employ people.”

The thoughts of Australian Prime Minister Tony Abbott who has announced plans to make cuts in July 2015 and from the year ahead speech made to the National Press Club, the cut will be from the 1.5 per cent already outlined.

This will be seen as a major blow dealt by Abbott and the Australian small business owners might just be feeling a little abandoned by their Prime Minister.

Is this the right move to make by the Australian government and is Abbott right to make the case that only large businesses can offer positions of employment to the unemployed in the country?