Federal Budget

BUDGET BLUES AS TREASURY LOOKS TO SOFTEN THE REBOUND

Posted on May 17th, 2024 by Clyde Mooney
The Federal government this week handed down its latest budget, hinting at a troubled global outlook and hedging Australia’s position, and hospitality has given the strategies a thumbs-down. A core focus of the budget was the forecast for inflation, which

WHAT BUDGET 2023 MEANS FOR PUBS

Posted on May 10th, 2023 by Clyde Mooney
The Albanese government and Treasurer Jim Chalmers have handed down the Budget for 2023, bringing economic prudence in the wake of the pandemic, and positives for employment and hospitality. The government expects economic growth to slow from 3.25 per cent

BUDGET 2022: WHAT IT MEANS FOR PUBS AND PUNTERS

Posted on March 30th, 2022 by Clyde Mooney
The Federal Government has issued its much-anticipated budget for the coming year, and critics are saying it is tainted with pre-election flavour, with only modest gains for small business and hospitality. It appears Prime Minister Scott Morrison will be staying

BUDGET BLESSINGS MIXED FOR PUB INDUSTRY

Posted on May 12th, 2021 by Clyde Mooney
The Federal Government has handed down the budget for 2021-22, bringing mixed results for the hotels and tourism sectors in a plan squarely aimed at Australia’s economic recovery. The latest and third budget from Treasurer Josh Frydenberg outlines record funding

FEDERAL BUDGET: WINS FOR HOSPO AND JOBS

Posted on October 7th, 2020 by Clyde Mooney
Treasurer Josh Frydenberg handed down the Federal Budget Tuesday night, bringing favourable measures for hotels and hospitality and a nod from industry. Frydenberg had promised the policy announcement would be “all about jobs” and employment stimulus dominated the measures outlined.

BUDGET BREAKS SET TO BOOST HOSPITALITY

Posted on May 13th, 2015 by Clyde Mooney
Amid the ubiquitous media coverage of the latest Federal Budget revelations, the ‘Small Business Package’ contained has been recognised as a positive step for tourism and hospitality. Applying to businesses with annual turnover of less than $2 million, the tax