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

A young girl draws on a map of the United States

What happens if neither Kamala Harris nor Donald Trump wins 270 Electoral College votes?

politics

A woman with short grey hair, wearing a black jacket and glasses, looks on.

Who is Susie Wiles, the 'Ice Maiden' who will become Trump's chief of staff?

politics of united states

A split image featuring three photos of Australian brush turkeys.

They aren't 'particularly smart'. But this bird is back in a big way in some parts of Australia

birdwatching

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 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 woman with glasses and bright yellow earrings

Greens announce plan to wipe HECS debts and make university free

auspol

Two men holding a piece of paper over a wooden box in a room

US election 2024: Why people in this small town were the first to vote

2024 united states presidential election

A split image. On the left is a man speaking. On the right is a boy holding a puppy.

'Remarkable courage': Principal speaks as student who died in schoolyard crash identified

car accidents