2024-25 Budget: Will Small Businesses Truly Benefit?
2024-25 Budget: Will Small Businesses Truly Benefit? The 2024-25 Australian Budget includes several measures to support small businesses. While these initiatives sound promising, a closer look at the funding and economic impact raises questions about their effectiveness. Instant Asset Write-Off Extension The budget extends the $20,000 instant asset write-off for another year. Noting that as […]
2024-25 Australian Budget: Ambitious Plans or Inflationary Risks? A Critical Review of Economic Impact and Future RBA Decisions
2024-25 Australian Budget: Ambitious Plans or Inflationary Risks? A Critical Review of Economic Impact and Future RBA Decisions Jim Chalmers’ 2024-25 Australian Budget aims to navigate a complex macroeconomic environment marked by inflationary pressures, economic fragility, and a need for structural reforms. Economic Context and Overall Strategy Macroeconomic Environment The budget is framed against global […]
Navigating Through Turbulence: The Vital Role of Legal and Tax Literacy in Small Business Resilience
Navigating Through Turbulence: The Vital Role of Legal and Tax Literacy in Small Business Resilience In light of recent discussions on the vulnerability of small businesses in a market dominated by large corporations, as highlighted by ABC’s report, it becomes imperative to focus on the strategic advantage that heightened legal and tax literacy can provide. […]