Eloise Keating

When Treasurer Jim Chalmers delivers the Labor government's third budget tonight, business owners around the country will be watching keenly for

Back in 2015, the Coalition government used its budget to reveal what we now know of as the instant asset write-off (or temporary full expensing to use the technical term

The headline small business measure in the 2024-25 federal budget is a 12-month extension to the $20,000 instant asset write-off, which if legislated, will help SMEs claim an immediate tax benefit on new assets through to June 2025.

Here's 16 things your business needs to know about the 2024-25 federal budget.

Small and medium businesses are among the potential beneficiaries of a $67.5 million funding package to help fight digital scams, with the Australian

The Australian Taxation Office (ATO) has been given $187 million in new funding to bolster its defences against tax and superannuation fraud.

The federal government has recognised that SMEs may need help complying with its ongoing industrial relations reform program and has allocated $20.5 million in this year's budget for that purpose.

The federal government will extend the Small Business Debt Helpline and the NewAccess for Small Business Owners program.

Months after the tax office hit pause on a letter campaign that involved telling small businesses owners that it may seek to recover ‘on hold' historical

The 2024-25 federal budget has left the small business community underwhelmed and disappointed, with some in the sector going as far as handing the Labor government's third budget a “D for dull”.