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Small businesses can’t ‘pass costs on’
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Small businesses can’t ‘pass costs on’
The government announced $2 billion in small business support in this year’s federal Budget. For those of us actually running one, that number feels like fiction. I operate a wellness studio in Australia. In the past twelve months, my landlord has increased rent, raised our bond, and passed on higher insurance and land tax costs. Minimum wage is up. Superannuation is up. Inflation is embedded in every supplier invoice I receive. And yet I cannot…
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