It seems like only yesterday Treasurer Josh Frydenberg was unveiling the budget he promised would drive Australia out of pandemic doldrums. But seven months later, many of the signature splashes have failed to have a big impact.
Small businesses will benefit from a $1.2 billion boost to the government’s digital economy strategy, including changes to intangible assets tax offsets.
Australian budgets aren’t really about money. Instead the budget has become a statement of the government’s values, because it puts numbers on those values.