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 Budget: Will Disaster Relief and Preparedness Measures Help Small Businesses?
2024-25 Budget: Will Disaster Relief and Preparedness Measures Help Small Businesses? The 2024-25 Australian Budget promises substantial support for disaster relief and preparedness. But will the proposed measures truly benefit small businesses? Let’s break down the key initiatives and their potential impact. National Emergency Management Agency (NEMA) Funding The budget allocates $236 million over four years to […]
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 […]