Home Australian Budget 2020

Australian Budget 2020

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...

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...

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...

“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...

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.

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.

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...

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...

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...

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...

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...

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...

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...