Opinion: The 2024 budget will tip small businesses on the brink over the edge

small business budget smes

Amanda Rose. Source: SmartCompany via Amanda Rose.

Small businesses on the brink in Australia are set to be tipped over the edge by a federal budget that lends no help other than a paltry $325 energy rebate and $290 million in ‘cashflow support’ by extending the instant asset write-off for one more year. This looks good on paper but a few hundred dollars’ worth of pocket change for their energy bill would be burned through in a matter of hours and no small business owner has $20,000 to spend anyway. Meanwhile, small businesses are closing their doors by the HOUR.

The government does know, however, that small business owners are struggling hence the continued $10.8

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