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.
Labor, Coalition to compete for small business hearts and minds at COSBOA summit
The federal government and the Opposition will show off their duelling visions for the small business sector at this week's COSBOA National Small Business Summit, one of the last big-name business events before the May budget outlines taxpayer support for SMEs.
Fresh government review to tackle apprentice completion rates amid skills shortage
What can Australia do to improve its apprenticeship completion rates? That's the core question to be answered by a new federal government review, tasked with assessing existing incentive schemes and how to best support trainees and employers alike.
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.
Late tax charges, skill programs cut: Six small business updates from MYEFO
The federal government has rustled up $9.8 billion in savings since the May budget through a combination of spending cuts and reprioritisations, including measures focused on the business sector.
“Shot in the arm”: Coalition pushes to expand new instant asset write-off to $30,000
The Coalition is pushing to expand the new-look instant asset write-off scheme, arguing it should cover eligible assets worth up to $30,000, up from $20,000 covered by the Labor government plan.
NSW budget: Payroll tax reforms, boosted procurement, and event funding on business advocate wish lists
As the state government prepares to hand down its economic roadmap, here are the recommendations put forward by business advocates, including measures designed to advance small and medium-sized enterprises.
NSW budget: What small businesses and startups should expect in Labor’s cost-cutting plan
Major cuts to startup, screen industry, and small business innovation programs are expected in the NSW 2023-2024 budget, as the new Labor government contends with deficits and spending cuts inherited from the Coalition.
Intergenerational Report 2023: Six key points for Australian businesses
Australia is getting older, the tax base is changing, but there are opportunities to boost productivity, the Intergenerational Report says.
South Australian budget: $650 energy rebates, flood support and a new small business strategy
South Australian small businesses will receive $650 energy rebates, up to $50,000 in support for flood recovery, and face a new $6.5 million investment into skill and capability development, according to the state's 2023-2024 budget.
QLD budget: $650 energy rebates, increased funding for women founders and small business mental health
Small businesses in Queensland will face $650 energy bill rebates, thanks to a new $1.48 billion relief package at the heart of the sunshine state's 2023-2024 budget.
