Federal Budget 2024 Archives - SmartCompany

Neural Notes: The government was right to bankroll safe AI in the budget

Tegan Jones — Fri, 17 May 2024 01:55:14 +0000

Labor has received criticism over spending on AI regulation and responsible adoption in the budget. Here's why it was the right call.

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Peter “I’ve run a small business” Dutton delivers budget reply

Simon Crerar — Fri, 17 May 2024 00:43:22 +0000

The Opposition leader promised to increase the instant asset write-off threshold to $30,000 and make the measure permanent for small business.

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Cryptocurrency finally mentioned in a Labor budget, sort of

Tegan Jones — Thu, 16 May 2024 02:21:00 +0000

The 2024 budget papers revealed the government is throwing a $7.5 million shared bone at cryptocurrency regulation under "digital assets".

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

Amanda Rose — Thu, 16 May 2024 01:07:25 +0000

Compared to the last federal budget where there was late payment amnesty for outstanding income tax returns as well as industry growth grant funding, there is hardly anything that will make a meaningful difference for small businesses, writes Amanda Rose.

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Future Made in Australia a missed opportunity to drive women entrepreneurship

Angela Priestley — Thu, 16 May 2024 00:39:46 +0000

For a budget centred around big spending for “investing in a Future Made in Australia,” it’s disappointing to see no new specific spending initiatives allocated for women’s entrepreneurship and women in startups.

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Fighting inflation with subsidies? It’s been done before, successfully

Jason Murphy — Thu, 16 May 2024 00:11:10 +0000

One big fight in this budget is going to be whether the government’s policies to reduce inflation are legitimate. Jason Murphy explains why the measures could work.

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Coalition to block $13.7 billion Future Made in Australia manufacturing subsidies

Tess Ikonomou — Wed, 15 May 2024 23:10:15 +0000

Peter Dutton is expected to reject manufacturing subsidies worth billions of dollars in his response to the federal budget.

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Budget support measures will put Chalmers’ economics to the test

Poppy Johnston — Wed, 15 May 2024 01:57:37 +0000

While the federal government says its budget will lower inflation, analysts counter that broad cost of living relief, such as energy rebates and tax cuts, could make things worse.

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“D for dull”: Small business groups lament lack of support and tax reform in budget

Eloise Keating — Wed, 15 May 2024 01:11:55 +0000

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".

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“An election budget not an entrepreneur’s one”: Startups react to the 2024 budget

Tegan Jones — Wed, 15 May 2024 00:59:58 +0000

Given the back-to-basics approach of the budget, it's unsurprising that startup industry professionals had some things to say about it.

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