Navigating the 2020-21 Budget: Top tips for businesses
Business investment is a key theme in the 2020-21 Budget. Treasurer Josh Frydenberg announced tax changes that are a “game changer” in the way...
Has the Budget delivered for small businesses?
Guest authored by Sam Allert, CEO of Reckon
With 23 per cent of small businesses concerned they won't exist this time next year without Government...
Accountants welcome business tax changes in the 2020-21 Budget
The business tax changes under the 2020-21 Budget have been met with positive feedback from professional accounting bodies and tax experts.
Two of the key...
What the Budget means for startups
In what is being dubbed the "jobs budget" the 2020-21 Budget was the opportunity for the Morrison Government to lay out the blueprint for...
Government backflips on RDTI cuts with a $2 billion boost
Last night, the Government announced a $2 billion investment into Research & Development Tax Incentives (RDTIs), scrapping a previously proposed $1.8 billion cut and...
Female founders deem Budget ‘A step forward, but more to be done’
Whilst largely satisfied with the way the Budget has catered for women, female founders are saying there is room to create greater opportunities for...
‘The $1 trillion budget deficit’: Economists on the 2020-21 Budget
The 2020-21 Budget delivers the biggest Australian deficit since World War 2. The Government’s fiscal stimulus of $51 billion during the GFC pales in...
Digital services for SMEs a big win from the Budget
Businesses are praising the decision from the Morrison Government's 2020/21 Budget to invest $800 million into helping SMEs adopt new technology.
On Tuesday night, Federal...
JobMaker Hiring Credit: Up to $200 a week to create jobs for young jobseekers
The Government has unveiled the JobMaker Hiring Credit to incentivise businesses to hire young job seekers over the next 12 months.
It is expected to...
Instant asset write-off increased and extended
The Government has enhanced instant asset write-off rules to support businesses investment, lowering taxes by an estimated $3.2 billion over the next two years.
Businesses...
Budget 2020-21: What’s in it for businesses?
This year, Australia will see a $213.7 billion deficit.
“Our economic response has come at a significant cost,” said Treasurer Frydenberg in his address on...
Josh Frydenberg’s full speech: Federal Budget 2020-21
This evening the Federal Budget will be announced by Treasurer Josh Frydenberg in Parliament House in Canberra.
Having been deemed by Prime Minister Scott...
RBA maintains steady rates ahead of Federal Budget announcement
The Reserve Bank of Australia (RBA) has kept the official cash rate at a steady, unprecedented low, as the Australian economy continues its slow...
What are startups looking to receive from the Federal Budget?
With the announcement of the Federal Budget looming this evening, start-up executives are calling for more money to be invested into growing new companies,...
Federal Budget: Treasurer brings forward tax cuts, braces for large deficit
As the Federal Government hands down the "most important budget since World War II" this evening, Australians can expect to see further tax cuts...
PM unveils blueprint for Australia’s economic recovery in pre-budget speech
Today the Prime Minister Scott Morrison delivered his pre-budget speech on “arguably one of the most important” budgets since the end of the second...