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Name: Small businesses get cost relief in budget - but is it enough?
Uploaded: 2024-05-15T10:30:15.914Z
Duration: 2 min 13 s

Small businesses get cost relief in budget - but is it enough?

Published 15 May 2024, 8:57 am

Australian businesses have joined the rest of the country in digesting last night's Federal Budget. Specific budget initiatives include an extension of the $20,000 instant asset write-off, along with energy bill relief - but the sector is still craving more. With evidence today of a moderation in pay rises, as the quarterly wage price index eased to its slowest pace in a year. While that's not good news for workers, it is for many businesses struggling with high labour costs.

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Australia

Finance