“Woefully inadequate”: Budget 2020 has failed women entrepreneurs In a budget that left Treasury with a $1 trillion deficit, the $240.4 million pledged to supporting women has been judged as dismal.
R&D Tax Incentive backtrack welcomed, but software uncertainty remains The rollback of proposed R&D Tax Incentive changes was a win for most. But, did the government go far enough?
Startups react to budget 2020: What works, and what doesn’t? What did last night's budget hold for startups? And where did it miss the mark? Founders and industry leaders give their two cents.
Budget 2020: Government pledges $2 billion to R&D Tax Incentive, and rolls back some of the more controversial reforms The government is going ahead with a scaled-back version of the R&D Tax Incentive scheme that will see some contentious elements ditched.
Budget 2020: Loss carry-back scheme will allow businesses to reclaim last year’s taxes The government has confirmed a loss carry-back scheme that will allow businesses to claim back taxes paid on last year’s profits.
Budget 2020: Here’s what nine startup founders really want from Frydenberg When asked about their budget wishlists, these founders cite R&D Tax Incentive clarity, support for women entrepreneurs and hiring incentives.
Budget 2020: Building a granny flat? There’s a capital gains tax exemption for that A capital gains tax exemption on granny flats will provide accommodation for elderly and disabled Australians.
Woolies expands cashless trial to nine Sydney and Melbourne stores Woolworths is expanding trials of its cashless stores, with nine locations in Sydney and Melbourne now shirking paper notes and dollar coins.
“The time is now”: 99designs acquired by Vistaprint parent Melbourne design marketplace 99designs has been acquired by Cimpress, the parent of Vistaprint, as it takes advantage of a COVID-19 boost.
Budget 2020: Kate Carnell welcomes potential ‘loss carry-back’ provision to boost small business cashflow Treasury is considering a scheme allowing SMEs to claw back tax paid on last year’s profits, to be announced in tomorrow night’s budget.
Budget 2020 assumes access to a COVID-19 vaccine by next year, Frydenberg says Any measures announced in this week’s budget are made on the assumption Aussies will have access to a COVID-19 vaccine by next year.
Seven startups celebrating million-dollar raises this week Between budget 2020 announcements and changes to Melbourne’s lockdown, we’ve seen a flood of startup raises this week.
