ACB News “Australia Finance Online” May 6th As the new cases of the epidemic are under control and companies are returning to work, the focus of the Australian government will shift to assisting companies to increase business confidence and optimize market competitiveness. The Federal Finance Minister said that deregulation and tax reform will help boost business investment confidence and accelerate the return of the economy to normal. This is precisely the purpose and motivation of the government to launch a one-time depreciation of assets within a certain price range. Regarding the possible changes in the business competition environment in the post-epidemic era, the finance minister pointed out that after the epidemic, capital flows and business operations will remain, but they may encounter a decline in global demand and Australian companies need to enhance their competitiveness. The finance minister said that to do this, the government needs the cooperation of Australian trade union organizations. The government is just the game maker, but the government itself does not create job opportunities.
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