Tag: budget 2022

Industry Growth Centre’ transition is in mid flight

Posted on   |  by Joseph Brookes
The Industry Growth Centres have not been given additional federal funding in the federal budget delivered on Tuesday, despite Labor appearing to back the program in the run up...

Budget cut to diversity program disappoints tech sector

Posted on   |  by Joseph Brookes
The federal government laid the foundations for its tech jobs push in Tuesday’s Budget but industry and science groups want more detail and have criticised a $4 million cut...

Govt scraps industry grants to seed reconstruction fund

Posted on   |  by Joseph Brookes
The scrapping of controversial Morrison Government industry grants programs will be used to underwrite the establishment of Labor’s $15 billion National Reconstruction Fund, which aims to reshape the economy...

Chalmers’ first Budget primes an Australian-made future

Posted on   |  by Justin Hendry
After a hard-fought election, the first federal Budget from the newly installed Albanese Government sets the groundwork for an “Australian-made future”. Treasurer Jim Chalmers used his Budget speech to...

Multinational tax crackdown on innovation loopholes

Posted on   |  by Joseph Brookes
The Tax Office expects to collect $250 million by cracking down on multinationals exploiting innovation and intangible loopholes to minimise their tax bill in Australia, while government tenderers will...

Business register overhaul gets $166m Budget lifeline

Posted on   |  by Justin Hendry
The federal government will top up the modernising business registers program with $166.2 million after accusing the Coalition of hiding a $1 billion cost blow-out during its time in...