Let’s Talk Business – Sunday May 5

We’re two weeks out from the federal election and the Labor party have announced their package to woo the vote of business owners by offering an incentive to employ younger and older workers.

Under Labor’s plan, a small business will gain an extra 30 per cent tax deduction on the wage of employees aged under 25 or over 55 if they have been unemployed for at least three months, or a carer returning to the workforce.

The latest Ipsos poll shows improvement from the Coalition but has Labor still leading the two-party preferred 52-48. With a swag of new policy announcements, has your vote been swayed?

Next Sunday is Mother’s Day, which happens to be the second busiest day of the year for the restaurant industry! If you’re taking Mum out for a bite, will you book or will you try your luck as a walk-in? And is Uber Eats helping or hurting the sector? Juliana Payne from Restaurants and Catering Australia shares key takeaways.

On Workwise Retirement expert Sarah Broady highlights why it’s vital for business owners to be more proactive about their superannuation. For many business owners, super simply isn’t a priority but ignoring planning for your retirement can have troubling consequences.

Peter Switzer reveals the lessons business owners can learn from real estate magnate John McGrath’s journey to success.