Treasurer Wayne Swan unveiled the 2012/13 budget in Canberra overnight, returning it to surplus and detailing a number of measures he said would benefit small business. But many SMBs have been left wanting by the budget, saying it doesn’t deliver enough support to the sector.
The Australian Capital Territory, with its capital city Canberra, is only two hours from the coast, the snow and the city lights of Sydney. At the turn of the last century, both Sydney and Melbourne vied for the coveted role of Australian capital city and with neither willing to cede the ambition, a place was diplomatically selected between the two. The ACT has now become the heart of the Australian government, but also of a thriving knowledge export economy.