Budget

  • SMEs not on the sideline, not in the spotlight: COSBOA on Federal Budget

    Matthew Addison     |      May 12, 2023

    The 2023-24 Federal Budget acknowledges small business, but there is a need for greater focus on empowering them, promoting entrepreneurship and providing enhanced reasons to commence and remain in business, according to Matthew Addison Chair of COSBOA.

  • Federal Budget accelerates progress towards gender equality: RMIT

    Leonora Risse     |      May 11, 2023

    The Federal Budget accelerates progress towards gender equality through multiple initiatives, including by expanding a gender lens across the Budget more broadly, according to Senior Lecturer in Economics at RMIT University Dr Leonora Risse.

  • Budget support for Australian small and family businesses

    First 5000     |      March 30, 2022

    The Australian Small Business and Family Enterprise Ombudsman Bruce Billson said the Australian Government’s 2022/23 Budget offers welcomed targeted support to Australian small and family businesses.

  • Mid-market businesses upbeat: KPMG Enterprise pre-budget survey

    First 5000     |      March 29, 2022

    Australia’s mid-market businesses are feeling upbeat about the future, KPMG Enterprise’s annual Pre-Budget Pulse Check has found, with nearly half predicting significant wages growth.

  • Significant grab bag of stimulus in NSW budget

    First 5000     |      June 28, 2021

    The New South Wales Government has delivered an expansionary budget which increases the fiscal deficit for the coming financial year, according to professional accounting body, CPA Australia.

  • Solid foundations for SME recovery in post-COVID era: COSBOA

    Peter Strong     |      May 13, 2021

    COSBOA believes that the 2021-22 Federal Budget provides the sound foundations needed for SME business owners to rebuild their businesses and grow jobs in the wake of the economic damage wrought by the COVID-19 pandemic.

  • Growth the only way forward: BCA on Budget 2021

    Business Council of Australia     |      May 12, 2021

    The 2021-22 Federal Budget propels Australia out of the pandemic and lays the foundations for a jobs-led recovery, according to Business Council chief executive Jennifer Westacott.

  • SME businesses cannot rely on the budget to fix issues

    First 5000     |      May 10, 2021

    Australian small and medium-sized businesses (SMBs) cannot rely on the budget to resolve post-pandemic issues such as cost control and must instead look internally at their own systems and processes to build business resilience, according to SAP Concur.

  • Focus on the task at hand but don’t lose sight of the challenges ahead: CPA

    First 5000     |      February 10, 2021

    The government should use the 2021-22 Federal Budget to pursue expansionary fiscal policies focused on short-term economic recovery, longer-term economic transformation and environmental sustainability, according to CPA Australia. 

  • NSW budget leads the way on reform

    First 5000     |      November 18, 2020

    The Berejiklian government’s budget should be a model for all state and territory leaders who want to create new jobs, build confidence, and lay the groundwork for reform to secure our recovery, Business Council chief executive Jennifer Westacott said.

  • Budget falls short of the reset for manufacturing we need

    Peter Roberts     |      October 8, 2020

    The 2020-21 federal budget has been packaged and sold as many things, from one for jobs, to a reset for manufacturing. Peter Roberts, of the Australian Manufacturing Forum, reviews the budget handed down earlier this week.

  • A costly budget mistake laid bare

    Hunter Leonard     |      October 7, 2020

    Hunter Leonard of Silver & Wise is intensely worried about the terminal damage to our mature worker cohort that will occur if we don’t support this age group now with deep and thoughtful budget initiatives.

  • Federal Budget must deliver for sole traders and SMEs, digitisation key to recovery: MYOB

    First 5000     |      September 15, 2020

    Federal Budget 2020 is predicted to deliver mixed results for businesses, with half of SMEs confident the Budget will deliver benefits for their business, according to a special Budget Edition of MYOB Business Monitor, in partnership with Nous Group, released today. 

  • Support productivity, employment and GDP growth: CPA Budget

    First 5000     |      September 1, 2020

    The 2020-21 Federal Budget should aim to fund policies which support productivity, employment and GDP growth without compromising long-term environmental sustainability, according to CPA Australia.

  • Biotech vs Budget 2019-20: The economy Australia is ignoring

    First 5000     |      April 8, 2019

    Funding allocations for areas related to biotechnology in Treasurer Josh Frydenberg’s 2019-20 Budget announcement ignore the real roadblocks standing in the way of a thriving biotech economy in Australia.

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