After a year of uncertainty waiting for the federal political situation to stabilise, Australian businesses are feeling positive about the future.

The man tipped to become the new small business minister has officially been handed the portfolio – Bruce Billson, member for Dunkley will take the reigns all the way to cabinet.

As Tony Abbott and the coalition took a convincing election victory at the weekend, business now looks to the weeks ahead and what changes are likely to be made.

Regardless of which party wins at the next federal election, there’s a few priorities front and centre for small business owners.

Yesterday the Coalition announced its policy to cut the company tax rate by 1.5 per cent – but that was just the tip of the iceberg.

On day three of the official federal election campaign, Opposition Leader Tony Abbott will today announce a plan to cut the company tax rate by 1.5 per cent.

The latest economic statement released by the Treasury details the short and medium-term economic outlook for Australia, the challenges ahead, and the path back to surplus – which is now forecast for 2016-17.

Is business really stuck in the slow lane? Well, that all depends on who you talk to.