From the General Manager IAN HORNE – AHA|SA GENERAL MANAGER
A Budget that Passes the ‘Pub Test’ Australia’s Covvid-19 Budget has been released and there are some genuinely good outcomes for hotels and hospitality. Employment incentives known as JobMaker are a major feature. • Eligible employers who demonstrate that a new employee will increase overall employee headcount and payroll will receive $200 per week if they hire an eligible employee aged 16-29 years or $100 per week if they hire an eligible employee aged from 30-35 years. • This ‘JobMaker Hiring Credit’ will be available for up to 12 months from the date of employment of the eligible employee with a maximum amount of $10,400 per additional new position created. To be eligible, the employee will need to have worked for a minimum of 20 hours per week, averaged over a quarter, and received the JobSeeker Payment, Youth Allowance (other) or Parenting Payment for at least one month out of the three months prior to when they are hired. • Bringing forward the second stage of the Governments Personal Income Tax Plan by two years to 1 July 2020 while retaining the low and middle income tax offset for 2020-2021 is good for industry because in put cash in peoples pockets. We benefit when peoples disposable income increases. • Allowing businesses with annual turnover of less than $5 billion (that’s everyone in Hotels and hospitality in SA) to deduct the full costs of eligible capital assets acquired from budget night and used/installed by 30 June 2022 is very timely and our expenditure future stimulates our supply chains.
6 | Hotel SA | W W W . A H A S A . A S N . A U
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