Deduct the full cost of depreciable assets

7 October 20

Businesses with turnover up to $5 billion will be able to deduct the full cost of eligible depreciable assets of any value in the year they are installed until 30 June 2022.

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Insolvency reforms to support small business

7 October 20

The Government is making changes to the insolvency framework to better serve Australian small businesses, their creditors and their employees.

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JobMaker Hiring Credit

7 October 20

The JobMaker Hiring Credit will give businesses incentives to take on additional young job seekers. This will help young people access job opportunities as the economy recovers.

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Superannuation reforms

7 October 20

The Government says structural flaws in the superannuation system are letting too many Australians down

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Infrastructure to boost growth and jobs

7 October 20

Since the start of the COVID-19 pandemic the Government has committed to invest an additional $14 billion in new and accelerated infrastructure projects over the next four years.

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Tax relief for individuals

7 October 20

More than 7 million individuals are expected to receive tax relief of $2,000 or more for the 2020-21 income year compared with 2017-18 tax settings.

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Government going halves on 100,000 new apprenticeship positions

5 October 20

The Morrison Government is backing trades to play a big role in Australia's economic recovery, offering a 50 per cent wage subsidy on new apprenticeships, effective immediately.

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Feds announce $290 million for bridges and heavy vehicle safety

30 September 20

More than 350 projects will share in more than $290 million in Australian Government funding under Round 5 of the Bridges Renewal Program (BRP) and Round 7 of the Heavy Vehicle Safety and Productivity Program (HVSPP).

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