The Australian economy's recovery from COVID-19 is well underway. The Federal Budget is focused on securing Australia's recovery and rebuilding. It is a plan to invest rather than reform.
Many have argued that it is a bland budget, missing the opportunity to deliver more tax cuts to help business owners.
So how do the measures announced in the budget help your business? Where are the opportunities for growth and how can you take advantage of these?
Paul Sweeney from Pretium Solutions Chartered Accountants discusses how the incentives can benefit your business and what the growth areas being targeted by the budget spending are.