Unpacking the Federal Budget for Australian Businesses

What can you expect?

The 2024-25 Federal Budget promises significant opportunities and challenges for Australian SMEs. It’s now more important than ever to stay engaged and prepared for the new economic landscape that will shape the future of Australian SMEs. To better understand how SMEs are reacting to budget changes and the upcoming election, you might find our Factsheet: SME Thoughts on the Budget and Election useful. We surveyed over 500 SME business owners to learn what they want to see from the federal budget and their thoughts on the federal election. Join Employment Hero’s Rob Dunn and Sorcha Quinn for a practical breakdown of the Federal Budget changes and how they can affect your business operations. To build a high-performance team that can navigate these changes effectively, consider our Building High-Performance Teams Webinar. This webinar covers team-building, employee engagement, and leveraging technology to foster a thriving workplace culture. What will be discussed?

• Simplifying compliance
• Addressing staff shortages and hiring challenges
• Managing rising operational costs
• Leveraging tax cuts and business incentives
• Embracing sustainability and green energy initiative + more!

More resources:

• Our Australia’s Financial Wellness in 2023 Report offers a snapshot of Australian workers’ financial behaviors, which could inform your approach to managing staff shortages and hiring challenges
• Get insights on how recent budget announcements, such as the Small Business Technology Investment Boost, could benefit your business
• Our Payroll Metrics and Analytics Webinar provides valuable insights into how you can use payroll metrics to positively impact your bottom line