Chalmers: Surplus still the target, small business tax rate unlikely to change in federal budget
Australia's company tax rate is unlikely to change in the upcoming federal budget, says Treasurer Jim Chalmers, suggesting a combination of targeted tax breaks and incentives will anchor the economic blueprint.
FinTech Australia calls for renewed government support ahead of federal budget
FinTech Australia presses for government action before the federal budget, seeking solutions for startup capital raising issues and more.
‘Can’t sit on the sidelines’: Albanese promises direct industry support in pre-budget pledge
Prime Minister Anthony Albanese has outlined a strongly interventionist role for the government to make Australia competitive in a world requiring us to “break with old orthodoxies”.
ARA CEO reveals retailers’ wishlist for May budget
As the largest private sector employer in the country, retail must remain a prime focus for governments, writes Australian Retailers Association CEO Paul Zahra.
Chalmers “shooting for a second surplus” amid shifting budget fortunes
Federal treasurer Jim Chalmers is still angling for a second surplus but warns softening commodity prices and the weakening jobs market could ruin the upside surprise.
Chalmers says budget won’t ignore the slowing economy
Fighting inflation won't be the sole focus of the upcoming federal budget, the treasurer has declared, warning the slowing national economy can't be ignored.
Big Shed Brewing, Hawkers Beer tap the administrators as craft beer sector calls for excise freeze
Two major names in Australia's craft brewing scene have collapsed in the past week, as industry representatives urge the federal government to freeze alcohol tax hikes and soften the blow of COVID-era debts.
$150,000 instant asset write-off, codes protecting SMEs in COSBOA budget wishlist
The federal government should expand the instant asset write off to cover assets worth $150,000, and shield small businesses from prosecution if they abide by new codes of conduct, the Council of Small Business Organisations Australia says in its 2024 pre-budget submission.
Write-offs, grants, AI awareness: Business sector’s 2024 federal budget wishlist
The federal government should boost the instant asset write-off for small businesses, extend green upgrade grants, and funnel more capital into high-potential startups, according to the pre-budget wishlists of major business lobby groups.