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2021 Federal Budget: What it means for small and medium business

The 2021 Federal Budget delivered extensions to tax schemes and apprenticeship/training schemes, while tourism and aviation were big winners. Group Economics overview of the budget The Treasurer wasn’t kidding when he said budget repair has been put on hold until unemployment was below 5%, with a raft of new spending measures offsetting the cyclical improvements

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Federal Budget winners: tax cuts, cheaper childcare and JobTrainer Fund

Since the onset of the COVID‑19 pandemic, the Morrison Government has provided $291 billion in direct economic support to keep businesses in business and Australians in jobs. Our economic recovery has beaten even the most optimistic of our expectations with more people in work than ever before. JobKeeper has done its job. Under our plan, the

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Federal Budget paves way for small business-led national economic recovery, says Ombudsman

The Australian Small Business and Family Enterprise Ombudsman Bruce Billson says the Federal Government’s 2021 Budget is a clear acknowledgement that small and family businesses are central to the nation’s economic recovery and future prosperity. The Budget includes several new, extended and enhanced measures to support small businesses including: $129.8 million to encourage entrepreneurship through

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Hospitality and tourism industries get student and international labour boost in Federal Budget

With a skills shortage causing major concerns across Australia’s hospitality and tourism sectors, the Federal Government has provided more visa flexibility to increase its support. The Government will remove existing work hour caps for Student Visa holders employed in the tourism and hospitality sector; a 40-hours per fortnight limit previously applied during study periods. In

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How can Australia afford a cash splash Federal Budget after Covid-19? China

Chinese demand for Australian iron ore will add up to $20 billion to Tuesday’s federal budget as importers stockpile the critical resource fearing further deterioration of the diplomatic relationship between the two nations – which is in turn sending prices to record heights. The increase in tax revenue from Australia’s largest export, worth double what

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Small business insolvency made easier

As part of our economic recovery plan, the Morrison Government is pursuing further measures to improve Australia’s insolvency framework for both small and large businesses. In the 2020–21 Budget, the Government announced the most significant reform to Australia’s insolvency framework in 30 years. These reforms, which came into effect on 1 January 2021, created a new simplified restructuring

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Gov invests $1.2b to digitalise country in Federal Budget

The Morrison Government is investing almost $1.2 billion in Australia’s digital future through the Digital Economy Strategy, as part of this year’s Federal Budget. The strategy outlines the policies and actions the Government is taking to grow Australia’s future as a modern and leading digital economy by 2030. Prime Minister Scott Morrison said one of

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RECEIVE GOVT GRANT OF $10K to $250K*.

Austrade Approved Business Events
AVAILABLE NOW APPLY BEFORE 30th MARCH 2021 (Condition apply)

  • ABF Events are approved and listed below have been certified by Austrade on the Schedule of Approved Business Events.
  • This allows exhibitors, sponsors, delegates and partners to participate in the Business Events Grant Program. Note event bookings need to be confirmed ASAP to participate in the grant program
  • The program provides 50% rebate (based on a minimum spend of $20k) for approved items including ABF event-media packages, exhibition stands, corporate function tables, delegate registrations.
  • Govt Grant applications are now open until the 30 March. Please contact ABF to discuss how we can assist, we have experts to assist grant applications.
  • Grant funding will cover up to 50% of eligible expenditure incurred in participating at pre-approved business-to-business events as buyers or sellers during the 2021 calendar year.  All grant applications must be submitted for approval via the following link: https://business.gov.au/grants-and-programs/business-events-grants
  • For further information please see this fact sheet.