Your A-Z for the 2023 federal budget
Wondering what the terms used in the federal budget actually mean? Look no further, we've got you covered with this easy-to-understand guide.
Budget 2023: $23.4 million for small business cyber wardens program, delivered by COSBOA
The federal government will invest $23.4 million over the next three years to help small businesses build their resilience to cyber threats by training in-house cyber experts.
Budget 2023: 13 key measures for small business in the 2023 federal budget
The full scope of the expectation-defying document will come into focus in the days to come, but here are the key policies and updates for SMEs delivered by the Albanese government’s first ‘full’ budget.
“Women small business owners are an untapped resource”: Here’s how budget 2023 should prioritise them
Ahead of the federal budget unveiling today, vulnerable women small business owners across Australia are hoping for relief from the relentless cost of living pressures currently plaguing the entire country.
$1.5 billion in ‘bonus’ tax deductions for small business stuck in legislative limbo despite bipartisan support
'Bonus' tax deductions incentivising small businesses to invest in digital upgrades and staff training are yet to be passed into law, a year after the Morrison government first introduced the dual policies.
Budget 2023: 13 things SMEs and startups need to know for Tuesday
Buffeted by economic headwinds, federal leaders have repeatedly advised it won't be a spending free-for-all, yet some $14.6 billion in cost-of-living relief is on the cards.
Half of Australia’s GDP: Why the budget should focus on SME growth
SMEs represent 99.8% of all businesses in Australia, contribute half of the GDP, and are critical to the nation’s economic prosperity and diversity.
Energy relief, JobSeeker and more put Labor’s cost-of-living package at $14 billion
More government plans to support households and businesses through the period of sky-high inflation will be unveiled in the budget on Tuesday night.
Budget 2023: Small business expects lower spending, but calls for red tape reduction and support
Small business leaders do not expect Tuesday's federal budget to funnel cash towards the sector, instead predicting policies designed to shield local enterprises without worsening inflation.
65% of SMEs don’t expect the federal budget to help them: MYOB survey
An even greater percentage say they are either dissatisfied or ambivalent about the federal government’s current level of support for businesses like theirs.
Giving small businesses a better deal in the upcoming federal budget a top priority for 72% of Australians: MYOB survey
The key to helping drive economic recovery and stopping a recession lies in the hands of Australia’s small business owners.
Up to $20k tax break for SMEs that install solar, electrify heating, and more in pre-budget promise
Up to 3.8 million small and medium-sized businesses will benefit from the tax incentive to make their energy usage more sustainable and efficient.
