Posts tagged "2022 federal budget"

On Tuesday 25 October, Treasurer Jim Chalmers delivered what a panel of small business experts has labelled a “cautious”, “line-in-the-sand budget”. 

The 2022-23 federal budget crystallises what many in the business community are already feeling: times are turning for the worse. 

The federal government’s plan to ease the lingering skills shortage also includes expanded visa processing capacities, a brand-new renewable energy apprentice scheme, and measures encouraging pensioners to take on more work.

The first Labor budget in a decade will be dropped on Tuesday 25 October by the new Treasurer, Jim Chalmers. Amidst an existing economic climate that’s replete with consecutive interest rate rises, mortgage pressure, soaring inflation and a higher cost of living — this will be an important budget for both individuals and small businesses.

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.

This update will cover three key areas of business to keep a closer eye on, and how they might influence your plans as we head into the busy end of financial year period.

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 budget is a classic example of Josh Frydenberg looking in the right direction to show he understands but ultimately failing to do the work to make the essential reform decisions.

Treasurer Frydenberg’s election-year Budget featured a range of temporary measures to assist businesses through tax-related incentives.

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Last night’s budget includes a big incentive for businesses to support innovation through digitisation, as well as a number of other measu…

With housing affordability set to be a key election issue, the 2022 federal budget expands the scheme the Coalition put forward at the 2019 election to help first home buyers.

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.