The Australian Government’s 2026–27 Federal Budget introduces a range of measures aimed at supporting business growth, investment and workforce development. Key changes include making the $20,000 instant asset write-off permanent for eligible small businesses and introducing new tax measures to improve cash flow, such as expanded loss carry‑back provisions.

The budget also strengthens support for startups and innovation, with expanded access to venture capital and upcoming reforms to the Research and Development Tax Incentive.

Additional initiatives focus on skills and workforce, including apprenticeship reforms, faster migrant worker assessments, and targeted support for small businesses navigating workplace relations. Funding has also been boosted for mental health and financial counselling services for business owners.

Overall, the measures aim to improve business confidence, drive investment and support sustainable economic growth.

👉 Read the full article: What does the Budget mean for your business?