There are two main stimulus measures, which have been extended for another 12 months, which is quite a surprise but a very pleasant one.
In encouraging signs for future growth and innovation, one third took advantage of the Instant Asset Write-off and plan to follow suit with the R&D Tax Incentive.
Overall this is a Budget with plenty of useful and targeted measures for business.
For Family Offices now is a good time to reassess and prepare for the future through a thorough review into their structure and purpose.
There are a variety of challenges now facing the mid-tier sector as we start to emerge from the lockdown, but the overriding feeling shown by the report is one of cautious optimism.
SMEs want better access to business services and capital injections
On World Mental Health day, it’s an apt time to acknowledge the highly challenging environment of startup building, and the personal impact on the founders trying to build the next generation of Australian businesses.
Venture Capital investment in Australian startups continues to trend upwards, but we need to go further, faster if we want to become a global leader.
While boards are more often associated with corporate governance, when to comes to transitioning from startup to scale-up they can be an important lever for growth.
Just over half of small to medium sized businesses are optimistic about their future especially those based in NSW and Victoria .
It’s not surprising that whilst most countries in Europe are positive about their future, in the UK, confidence dropped from 83 percent in 2017 to 68 percent this year.
Australia’s mid-market is often referred to as the engine room of the nation’s economy. But what are their concerns and business needs?
This was a budget of few surprises. The main revenue raisers are through the black economy measures – which we welcome.
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