Posts tagged "federal budget 2022"

Tradies, hairdressers, nurses and politicians could miss out on a tax break if the federal government backflips on, or rethinks, the scheduled Stage 3 tax cuts, as the Treasurer flags "difficult decisions" must be made in this month's federal budget in light of a looming global recession.

Tax incentives designed to expand Australia's advanced manufacturing base will benefit the economy, Peter Strong says.

Draft legislation for the federal government's Skills and Training Boost ought to be amended so that small business owners and not just employees can access it, according to CPA Australia.

There’s plenty for SMEs to be happy about in the 2022 budget, even if there is a lack of action on labour shortages, skills gaps and the instant asset write-off scheme.

When it came to offering direct support to the small business and startup communities, Albo's budget reply was largely found lacking. Here are eight key takeaways.

The money from the budget is expected to help build Australia’s intelligence, defensive and offensive capabilities.

Australia's small business community has expressed early support for some measures introduced by the 2022-2023 federal budget, without declaring it a cure-all for challenges facing the sector.

The Morrison government has promised to make the paid parental leave scheme “fairer” for more Australian families by introducing more flexibility to the system and expanding the eligibility criteria. 

In another big spending budget, small businesses in a range of sectors stand to benefit. Here’s SmartCompany’s sector-by-sector guide.

The Morrison government says it is committed to continued reform of Australia’s insolvency regime, earmarking the treatment of trusts as an area of focus. 

If this government has seen value in continuing the instant asset write-off for seven years, asks Eloise Keating, why not make it permanent?