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What does the 2024 Federal Budget mean for your business?

17 May 2024

The 2024-25 Federal Budget was announced on 14 May. Business.gov.au have complied a list of what’s available and what it means for your business.

Budget 2024-25 announcements for business include:

  • Instant asset write-off
  • Energy bill relief
  • Supporting mental health and financial wellbeing
  • Cyber security
  • Payment times reporting
  • eInvoicing
  • Digital ID
  • Paid Parental Leave
  • Fair Work Ombudsman
  • The Productivity, Education and Training Fund
  • Industry Growth Program
  • Artificial intelligence (AI)
  • Skills and training
  • Construction industry
  • Support for veterans
  • Franchising
  • Dispute resolution for small and family businesses
  • Social enterprises
  • Investing in a Future Made in Australia
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