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Josh Frydenberg announced the 2021 Federal Budget last night, which focused on the unemployed, housing, mental health and aged care. In total the budget committed $9.46 billion over 5 years. The following is a summary of the budget announcements most relevant to growing businesses: Business tax concessions The Budget extends by one year two business [...]

COVID-19 has resulted in the most severe global economic crisis since the Great Depression. The 2020/21 Federal Budget is an attempt to lift the Australian economy, gain fiscal strength and provide support to keep Australians in work and businesses in business. The Budget further highlights additional support in response to the health and economic effects [...]