Tradie and trainee booster apprentice and trainee hiring incentive

Summary of proposal

The proposal would expand support to provide small and medium businesses with $12,000 to support the wages of eligible new apprentices and trainees taking up training in areas of skills shortage for the first 2 years of their training. The proposal would start on 1 July 2025.

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Tradie and trainee booster apprentice and trainee hiring incentive

Summary of proposal

The proposal would expand support to provide small and medium businesses with $12,000 to support the wages of eligible new apprentices and trainees taking up training in areas of skills shortage for the first 2 years of their training. The proposal would start on 1 July 2025.

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Rural Financial Counselling Service – additional funding

Summary of proposal

The proposal would provide $1.8 million over 6 months in 2025-26 to extend the Rural Financial Counselling Service to small businesses experiencing hardship in drought-affected areas.

The proposal would be non-ongoing and start from 1 July 2025.

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Rural Financial Counselling Service – additional funding

Summary of proposal

The proposal would provide $1.8 million over 6 months in 2025-26 to extend the Rural Financial Counselling Service to small businesses experiencing hardship in drought-affected areas.

The proposal would be non-ongoing and start from 1 July 2025.

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Instant asset write-off – increase cap to $30,000 and make permanent

Summary of proposal

The proposal would expand the small business instant asset write off (IAWO) to increase the asset threshold to $30,000 and make it permanent for businesses with an annual turnover up to $10 million.

The proposal would start on 1 July 2025.

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Instant asset write-off – increase cap to $30,000 and make permanent

Summary of proposal

The proposal would expand the small business instant asset write off (IAWO) to increase the asset threshold to $30,000 and make it permanent for businesses with an annual turnover up to $10 million.

The proposal would start on 1 July 2025.

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Instant asset write-off – increase cap to $30,000 and make permanent

Summary of proposal

The proposal would expand the small business instant asset write off (IAWO) to increase the asset threshold to $30,000 and make it permanent for businesses with an annual turnover up to $10 million.

The proposal would start on 1 July 2025.

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GST threshold change

Summary of proposal

The proposal increases the mandatory turnover threshold for GST registration from $75,000 to $250,000 for businesses and non-profit organisations.

The policy would start 1 July 2025, and be ongoing.

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GST threshold change

Summary of proposal

The proposal increases the mandatory turnover threshold for GST registration from $75,000 to $250,000 for businesses and non-profit organisations.

The policy would start 1 July 2025, and be ongoing.

Read more

GST threshold change

Summary of proposal

The proposal increases the mandatory turnover threshold for GST registration from $75,000 to $250,000 for businesses and non-profit organisations.

The policy would start 1 July 2025, and be ongoing.

Read more