May 4, 2016

WAFarmers has condemned the Federal Government for not changing the proposed backpacker tax following recommendations from key industry stakeholders. In last night’s Federal Budget, it was confirmed that the proposed tax of 32.5 per cent and the removal of the tax free threshold for backpackers would remain unchanged. This followed reports late last week that recommendations from key industry stakeholders would not be included in the proposal. WAFarmers Chief Executive Officer Stephen Brown said the

Federal Treasurer Scott Morrison delivered a modest, mostly positive Budget for the Australian agricultural sector in last night’s Federal Budget, with small businesses set to reap the rewards, according to WAFarmers President Tony York. Key agricultural highlights include a tax cut for small business, an increase in the unincorporated small business tax discount, $15.9 million over four years to build an advanced analytics capability to support biosecurity and a new National Water Infrastructure Loan Facility.