Businesses won’t employ more people unless they are prepared to invest. Figures out on Thursday suggest they are.
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The government will extend its $150,000 instant assets write-off until the end of the year
The government can help boost business investment, but it would take a boost in government investment and would keep the budget in deficit.
Business investment fell by 4.4%, with non-mining sectors slow to take up the slack left by resources.
As we head into the federal budget tonight, all eyes will be on how the Coalition government might tackle some challenging economic data affecting Australia’s economy.
