Small gains, big crackdowns: What the tax measures in the budget mean for small business
Small businesses need a sustainable tax system that will encourage investment and generate economic growth.
“Hurts working Australians”: Peter Dutton addressed cost-of-living in budget reply
Dutton said the nation was built on the success of its migrants but in a housing crisis it had to be managed.
“Not on the sideline, not in the spotlight”: COSBOA’s Matthew Addison reviews the budget for small business
COSBOA chair Matthew Addison gives his assessment of the 2023 federal budget, and what else the government needs to do to support small businesses.
Budget 2023: ACCC to begin work on “super complaints” pathway to fast-track small business grievances
Work is set to commence on a new pathway for small business representative bodies to fast track their complaints to Australia’s competition regulator.
Budget 2023: $101 million to help Australian businesses adopt AI and quantum tech
The Australian government is the latest entity to climb aboard the AI hype train, and it wants you to join it! As the 2023 federal budget reveals, it wants to support businesses with AI adoption.
Budget 2023: PAYG and GST instalment increase halved to boost cash flow for 2.1 million small businesses
Cash flow support for small businesses will come through a halving of the adjustment factor applied to Pay As You Go (PAYG) and GST instalments.
Budget 2023: $290 million instant asset write-off scheme extension promises $20,000 threshold for small businesses
The instant asset write-off threshold will temporarily rise to $20,000, giving small businesses another chance to invest in their operations and immediately deduct the full cost of depreciable expenses from their tax bill.
Budget 2023: $23.4 million for small business cyber wardens program, delivered by COSBOA
The federal government will invest $23.4 million over the next three years to help small businesses build their resilience to cyber threats by training in-house cyber experts.
Budget 2023: 13 key measures for small business in the 2023 federal budget
The full scope of the expectation-defying document will come into focus in the days to come, but here are the key policies and updates for SMEs delivered by the Albanese government’s first ‘full’ budget.
“Women small business owners are an untapped resource”: Here’s how budget 2023 should prioritise them
Ahead of the federal budget unveiling today, vulnerable women small business owners across Australia are hoping for relief from the relentless cost of living pressures currently plaguing the entire country.
Budget 2022: By the numbers
In a budget that’s big on spending, there’s plenty of money to go around. Here are all the key figures and forecasts in the 2022-23 budget.
Instant asset write-off passes in post-budget Senate blitz
Measures to extend and enhance the instant asset write-off have passed the Senate in a post-budget voting blitz that saw 28 bills passed yesterday.