2025 Federal Budget: Key Impacts on Businesses

The 2025 Federal Budget brings significant changes for Australian businesses, focusing on productivity, innovation, and sustainability. Key highlights include increased tax incentives for small and medium enterprises (SMEs), especially those investing in digital transformation and green technologies. The government has also expanded funding for vocational training and apprenticeships to tackle workforce shortages and skill gaps. A notable boost in infrastructure spending is expected to create opportunities across construction, transport, and logistics sectors. However, tighter compliance measures and reporting obligations under the ATO may increase administrative load for some businesses. The budget also introduces targeted support for startups and regional enterprises, encouraging inclusive economic growth. Overall, while the 2025 budget offers promising initiatives to support long-term business resilience and competitiveness, companies must stay updated and adapt their strategies to fully benefit from the evolving financial landscape.

To know more: https://www.business2sell.com.au/blogs/evaluation/2025-federal-budget-key-impacts-on-businesses