The lengthy lunch debate

It has sparked a huge pre-election debate: the Federal Opposition’s proposed policy to exempt small businesses from fringe benefits tax on meals and entertainment expenses up to $20,000 per year. But the controversy isn’t stopping the Australian Restaurant and Café Association CEO, Wes Lambert, from supporting the idea and backing up the coalition in the halls of the Parliament. Wes says that, if implemented, the policy could inject billions into restaurants, cafés, and pubs while allowing small business owners to reward staff and entertain clients without financial penalty. He says it would drive economic growth and job creation.

Business Essentials Daily is produced by:

SoundCartel
soundcartel.com.au
+61 3 9882 8333

See omnystudio.com/listener for privacy information.