The business agendas not included in the federal budget to support economic recovery

Image credit: Jonas Leupe

Whilst spending in the areas of childcare, aged care, disability and mental health featured favourably in the 2021 federal budget, when it comes to economic recovery measures for businesses there were notable exclusions.

Budget 2021: Federal Government’s childcare reform a ‘targeted’ & ‘proportional’ investment, but for whom?

Image credit: Alexander Dummer

The Australian government has announced major changes to its childcare subsidy ahead of the May 11 federal budget, but who will benefit from them?

Budget 2021’s $1.2 billion digital strategy; myGov & My Health sites overhaul, tax incentives, e-invoicing and more

Image credit: Alex Kotliarskyi

The Digital Economy Strategy will see a further $800 million added to measures put forth in the 2020 Budget, aiming to make Australia one of the world’s leading digital economies.

The new Federal Budget: Promised policies for tradies

The Coalition’s federal election win prompts us to reflect on their FY20 Federal Budget promises that piqued our interest. With Australian households spending over $73 billion each year on tradespeople and 250,000 trade businesses operating around the country, the sector represents an important economic contributor that deserves nurturing for continued prosperity and growth. So if… Continue reading The new Federal Budget: Promised policies for tradies

Let’s Talk: Federal budget

The 2019 federal budget was revealed last week, with many changes indicated for small business, and so we asked leaders in the SME world for their opinions and reactions.   As a recap, the conditional budget saw an increase in the instant asset write-off threshold to $30,000, lower tax rates and an easier tax dispute… Continue reading Let’s Talk: Federal budget

Aussie start up founders react to the budget

These Aussie start up founders share their thoughts on the Federal Budget reveal earlier this week, giving us an insight into how SMEs are going to be affected – the positives and the negatives.     Carl Hartmann, Co-founder at ShortLyster “The part of Mr Frydenberg’s speech most relevant to the startup sector was his… Continue reading Aussie start up founders react to the budget

CEO of MYOB commends budget as long as action is taken

We like what we see, but turn words into action to benefit small business MYOB commends the Federal Government for returning the budget to surplus and for highlighting the importance of small business to the economy. MYOB particularly welcomes increasing the instant asset write-off to $30,000 and raising the threshold to $50 million. One of… Continue reading CEO of MYOB commends budget as long as action is taken

Federal budget 2019: A summary for SMEs

The budget, which was revealed at 7:30pm yesterday, sees an increase in the instant asset write-off threshold to $30,000, lower tax rates and an easier tax dispute service for small business, as well as other conditional plans that could benefit SMEs. The new budget would mean that the instant asset write-off threshold would increase to $30,000; there… Continue reading Federal budget 2019: A summary for SMEs