Watch

Small businesses get cost relief in budget - but is it enough?

Published 15 May 2024, 8:57 am
Australian businesses have joined the rest of the country in digesting last night's Federal Budget. Specific budget initiatives include an extension of the $20,000 instant asset write-off, along with energy bill relief - but the sector is still craving more. With evidence today of a moderation in pay rises, as the quarterly wage price index eased to its slowest pace in a year. While that's not good news for workers, it is for many businesses struggling with high labour costs.
Tags
Australia
Finance
Share

Recommended for you

An ambulance outside Bangkok Hospital in Thailand.

Why methanol is a 'silent killer' — and where poisonings happen most

poisoning

A composite image of Penny Wong and Benjamin Netanyahu.

Wong responds to Netanyahu's ICC arrest warrant as US labels move 'outrageous'

2024 mideast wars

A close up of a hand giving an injection into an arm

We now know when a new COVID vaccine will be released. Should you get a booster?

covid-19 vaccine rollout

A silhouette of a woman sitting at a computer with her head resting on her fists

Alana was shocked when her boss shared her diagnosis in public. What does the law say?

privacy breaches

Two men in suits sit at a table with papers in front of them, pointing to a section of a document.

'Families are going to be ripped apart': Labor's 'brutal' migration law trio, explained

immigration laws

A split image. On the left are two women seated on a couch. On the right is a man speaking.

Worse than Sydney: The renters bearing the brunt of unaffordable Perth

renting

Five cocktails in transparent glasses are arranged on a bar counter.

Methanol poisoning: How risky are our drinks and how can you protect yourself?

biodiesel manufacturing

A woman with an eye patch over her right eye laying in a hospital bed.

Australian injured in alleged Israeli shooting speaks from hospital: 'I demand an investigation'

war