Tag: Federal Budget

2024-25 Federal Budget hits and misses

The 2024-25 Federal Budget announced last night features many measures to support retailers and small businesses. However, there were several missed opportunities, say industry bodies. Targeted relief The Australian Small Business and Family Enterprise...

The Budget’s relief for retailers and consumers

According to the Albanese government, its 2023‑24 Budget “addresses the immediate challenges Australians are facing, better shares the opportunities in our society and builds a stronger and more secure economy”. “Australians have shown...

Federal Budget 2022-23 handed down in testing economic times

Industry bodies have commended the federal government’s first budget for its social reforms, including greater access to child care and paid parental leave, which will help families with the rising cost of...

Excise update

The decision by the former Morrison Government to halve the fuel excise as part of the Federal Budget on 30 March 2022 did two things. First, it delivered a material reduction in...

Petrol retailers starting to pass through fuel excise cut

ACCC monitoring of petrol prices has found significant falls in retail prices in the major capital cities a week after the cut in fuel excise came into effect. "The fuel excise cut, announced...

Petrol prices to be watched following excise cut

The ACCC has stated it will monitor petrol prices following the Federal Budget announcement of a six-month reduction in fuel excise. ACCC Chair Gina Cass-Gottlieb says its petrol team will focus on this...

Budget to kickstart retail

Measures announced by the Treasurer this week will give a much-needed boost to retail, in particular small business, say industry groups. National Retail Association CEO Dominique Lamb says several measures in the federal...
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