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Federal Budget 2014: "Disappointing" budget stifles ICT sector

Brian Karlovsky | May 14, 2014
Australia's leading accounting firms have described the 2014 Federal Budget as a "lost opportunity" that stifles the ability of innovative Australian companies to compete on global scale.

"The ICT sector requires long term investment, not short term cost cutting.

"Strong investment in the sector is required to underpin growth throughout a modern digital economy. "It's disappointing that the Federal Budget again failed to deliver any changes that might better support the ICT sector to generate productivity gains and improvements in Australia's competitiveness", said Mr Coulton.

 

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