Posts tagged "treasurer josh frydenberg"

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

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The federal government has delivered its mid-year budget update, showing an improvement of $7.4 billion of the budget’s bottom line.

Treasurer Josh Frydenberg is drawing battle lines around tax policy ahead of the upcoming federal election, revealing that existing tax cuts will save small business $5 billion over two years.

Small business collapses are down compared to pre-pandemic, casting doubt over whether changes to COVID-19 business support will lead to a dramatic insolvency cliff.

Australia should move away from heavy taxation of incomes towards higher taxation on goods and services to accelerate economic recovery from the pandemic, the OECD recommends.

The federal government is expanding its SME Recovery Loan Scheme, removing requirements for businesses to have received JobKeeper this year or to have been affected by flooding.

The New South Wales government will announce further support for businesses struggling amid Sydney’s worsening coronavirus outbreak within the next couple of days.

When JobKeeper ended at the end of March, it looked like a mere blip in employment. But that doesn’t mean there hasn’t been damage.

The federal government is expected to announce a support package for Victorian businesses affected by the two-week lockdown in Melbourne.

Victorian businesses in industries affected by the lockdown can apply for grants from Wednesday as part of a $250 million support package.

The federal government has pledged $206.4 million for a so-called ‘patent box’ tax incentive scheme, designed to encourage investment in medical and biotech innovation.

The federal government has used the budget to announce plans for a new mandatory franchise disclosure registry to help prospective franchisees access the information they need.