{"id":240667,"date":"2021-01-07T11:20:59","date_gmt":"2021-01-06T23:20:59","guid":{"rendered":"https:\/\/www.reckon.com\/au\/?page_id=240667"},"modified":"2025-12-01T14:00:47","modified_gmt":"2025-12-01T02:00:47","slug":"federal-budget","status":"publish","type":"page","link":"https:\/\/www.reckon.com\/au\/small-business-resources\/federal-budget\/","title":{"rendered":"Federal Budget"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; custom_padding_last_edited=&#8221;on|desktop&#8221; admin_label=&#8221;HEADER&#8221; module_id=&#8221;header-plain&#8221; _builder_version=&#8221;4.16&#8243; background_enable_color=&#8221;off&#8221; background_enable_image=&#8221;off&#8221; custom_padding_tablet=&#8221;50px|0|50px|0&#8243; custom_padding_phone=&#8221;&#8221; da_disable_devices=&#8221;off|off|off&#8221; transparent_background=&#8221;off&#8221; padding_mobile=&#8221;off&#8221; make_fullwidth=&#8221;off&#8221; use_custom_width=&#8221;off&#8221; width_unit=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221; da_is_popup=&#8221;off&#8221; da_exit_intent=&#8221;off&#8221; da_has_close=&#8221;on&#8221; da_alt_close=&#8221;off&#8221; da_dark_close=&#8221;off&#8221; da_not_modal=&#8221;on&#8221; da_is_singular=&#8221;off&#8221; da_with_loader=&#8221;off&#8221; da_has_shadow=&#8221;on&#8221;][et_pb_row admin_label=&#8221;row&#8221; _builder_version=&#8221;4.16&#8243; make_fullwidth=&#8221;off&#8221; use_custom_width=&#8221;off&#8221; width_unit=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; pac_dcm_carousel_specific_module_num=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text admin_label=&#8221;Text&#8221; _builder_version=&#8221;4.25.0&#8243; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h1>2025 Federal Budget Update<\/h1>\n<p>Understand the key takeaways from the March 2025 Federal Budget and how it will affect your business.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; custom_padding_last_edited=&#8221;on|phone&#8221; module_id=&#8221;features&#8221; _builder_version=&#8221;4.16&#8243; background_color=&#8221;#EEF0F0&#8243; custom_padding=&#8221;100px||50px||false|false&#8221; custom_padding_tablet=&#8221;70px||0px||false|false&#8221; custom_padding_phone=&#8221;30px||0px||false|false&#8221; da_disable_devices=&#8221;off|off|off&#8221; global_colors_info=&#8221;{}&#8221; da_is_popup=&#8221;off&#8221; da_exit_intent=&#8221;off&#8221; da_has_close=&#8221;on&#8221; da_alt_close=&#8221;off&#8221; da_dark_close=&#8221;off&#8221; da_not_modal=&#8221;on&#8221; da_is_singular=&#8221;off&#8221; da_with_loader=&#8221;off&#8221; da_has_shadow=&#8221;on&#8221;][et_pb_row column_structure=&#8221;1_2,1_2&#8243; make_equal=&#8221;on&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; pac_dcm_carousel_specific_module_num=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.25.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>What is the budget?<\/h2>\n<p>The Australian Federal Budget is prepared by the Treasurer and presented to Parliament. The budget outlines the proposed revenue and spending of the Australian Government for the upcoming financial year. The Federal Budget is also a political statement of the government\u2019s intentions and priorities for the upcoming financial year and beyond.<\/p>\n<p>The majority of government revenue comes from income &amp; company tax, sales tax (GST), and interest and dividends. The government needs this revenue to pay for the public goods and services it provides, including, education, health, defence, infrastructure, welfare, and much more.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; pac_dcm_carousel_specific_module_num=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/www.reckon.com\/au\/wp-content\/uploads\/2021\/01\/EOFY-federal-budget.png&#8221; title_text=&#8221;EOFY Federal Budget&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][\/et_pb_column][\/et_pb_row][et_pb_row disabled_on=&#8221;on|on|on&#8221; _builder_version=&#8221;4.16&#8243; disabled=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; pac_dcm_carousel_specific_module_num=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2 style=\"text-align: center;\">The small business budget wish list<\/h2>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;1_3,1_3,1_3&#8243; make_equal=&#8221;on&#8221; disabled_on=&#8221;on|on|on&#8221; module_class=&#8221;blurb-icon-link&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; disabled=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; pac_dcm_carousel_specific_module_num=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_number_counter title=&#8221;Cost of living help&#8221; number=&#8221;78%&#8221; _builder_version=&#8221;4.25.0&#8243; _module_preset=&#8221;default&#8221; number_font=&#8221;|700|||||||&#8221; number_text_color=&#8221;#df322a&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_number_counter][\/et_pb_column][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; pac_dcm_carousel_specific_module_num=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_number_counter title=&#8221;Inflation reduction&#8221; number=&#8221;64%&#8221; _builder_version=&#8221;4.25.0&#8243; _module_preset=&#8221;default&#8221; number_font=&#8221;|700|||||||&#8221; number_text_color=&#8221;#df322a&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_number_counter][\/et_pb_column][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; pac_dcm_carousel_specific_module_num=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_number_counter title=&#8221;Instant asset write-off extension&#8221; number=&#8221;51%&#8221; _builder_version=&#8221;4.25.0&#8243; _module_preset=&#8221;default&#8221; number_font=&#8221;|700|||||||&#8221; number_text_color=&#8221;#df322a&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_number_counter][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;1_3,1_3,1_3&#8243; make_equal=&#8221;on&#8221; disabled_on=&#8221;on|on|on&#8221; module_class=&#8221;blurb-icon-link&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; disabled=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; pac_dcm_carousel_specific_module_num=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_number_counter title=&#8221;Housing affordability&#8221; number=&#8221;49%&#8221; _builder_version=&#8221;4.25.0&#8243; _module_preset=&#8221;default&#8221; number_font=&#8221;|700|||||||&#8221; number_text_color=&#8221;#df322a&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_number_counter][\/et_pb_column][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; pac_dcm_carousel_specific_module_num=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_number_counter title=&#8221;Utility affordability&#8221; number=&#8221;47%&#8221; _builder_version=&#8221;4.25.0&#8243; _module_preset=&#8221;default&#8221; number_font=&#8221;|700|||||||&#8221; number_text_color=&#8221;#df322a&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_number_counter][\/et_pb_column][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; pac_dcm_carousel_specific_module_num=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_number_counter title=&#8221;Personal income tax cuts&#8221; number=&#8221;70%&#8221; _builder_version=&#8221;4.25.0&#8243; _module_preset=&#8221;default&#8221; number_font=&#8221;|700|||||||&#8221; number_text_color=&#8221;#df322a&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_number_counter][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; da_disable_devices=&#8221;off|off|off&#8221; global_colors_info=&#8221;{}&#8221; da_is_popup=&#8221;off&#8221; da_exit_intent=&#8221;off&#8221; da_has_close=&#8221;on&#8221; da_alt_close=&#8221;off&#8221; da_dark_close=&#8221;off&#8221; da_not_modal=&#8221;on&#8221; da_is_singular=&#8221;off&#8221; da_with_loader=&#8221;off&#8221; da_has_shadow=&#8221;on&#8221;][et_pb_row custom_padding_last_edited=&#8221;on|desktop&#8221; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;||||false|false&#8221; custom_padding_tablet=&#8221;||0px||false|false&#8221; custom_padding_phone=&#8221;||||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; pac_dcm_carousel_specific_module_num=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2 style=\"text-align: center;\">What did the March 2025 budget deliver?<\/h2>\n<p>The 2025 Federal Budget was largely focused on income tax cuts for all and cost of living measures. While not a heavily SME focused Budget, there was still plenty in there for Australian small businesses. Here are the key takeaways from the latest Budget announcement that may affect you and your business.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;1_2,1_2&#8243; make_equal=&#8221;on&#8221; admin_label=&#8221;Row&#8221; module_class=&#8221;blurb-icon-link&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; pac_dcm_carousel_specific_module_num=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_blurb title=&#8221;Instant asset write-off extension&#8221; image=&#8221;https:\/\/www.reckon.com\/au\/wp-content\/uploads\/2020\/03\/check-circle.svg&#8221; icon_placement=&#8221;left&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; header_font=&#8221;|700|||||||&#8221; custom_padding=&#8221;0px|||||&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p>The $20,000 instant asset write-off claim deduction has been extended again through to July 2026.<\/p>\n<p>[\/et_pb_blurb][et_pb_blurb title=&#8221;Personal income tax cuts&#8221; image=&#8221;https:\/\/www.reckon.com\/au\/wp-content\/uploads\/2020\/03\/check-circle.svg&#8221; icon_placement=&#8221;left&#8221; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; header_font=&#8221;|700|||||||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>The government has announced sweeping changes for all income earners. Starting in July 2026, two tax cuts will reduce the lowest tax bracket rate from 16% to 14% over two years.<\/p>\n<p>This will be applied to the lowest tax bracket of $18,201-$45,000 and will be reduced to 15% for 2026-2027 ad 15% for 2027-2028.<\/p>\n<p>[\/et_pb_blurb][et_pb_blurb title=&#8221;Housing construction support&#8221; image=&#8221;https:\/\/www.reckon.com\/au\/wp-content\/uploads\/2020\/03\/check-circle.svg&#8221; icon_placement=&#8221;left&#8221; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; header_font=&#8221;|700|||||||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Extra incentives will be introduced to encourage apprentices to work in the housing industry.<\/p>\n<p>$5,000 to $10,000 will be available for tradie apprentices who move into housing construction.<\/p>\n<p>[\/et_pb_blurb][et_pb_blurb title=&#8221;Supermarket crackdown&#8221; image=&#8221;https:\/\/www.reckon.com\/au\/wp-content\/uploads\/2020\/03\/check-circle.svg&#8221; icon_placement=&#8221;left&#8221; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; header_font=&#8221;|700|||||||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>The competition watchdog will receive approximately $38 million to help increase enforcement measures against anti-competitive behaviour in the retail and supermarket sectors.<\/p>\n<p>This is aimed at helping small businesses (i.e. suppliers) negotiate better terms with the larger supermarket businesses.<\/p>\n<p>[\/et_pb_blurb][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; pac_dcm_carousel_specific_module_num=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_blurb title=&#8221;Electricity bill relief and energy efficiency &#8221; image=&#8221;https:\/\/www.reckon.com\/au\/wp-content\/uploads\/2020\/03\/check-circle.svg&#8221; icon_placement=&#8221;left&#8221; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; header_font=&#8221;|700|||||||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Energy rebates and an energy efficiency measure were introduced in the budget, focused on alleviating inflation and cost of living for households and small businesses.<\/p>\n<p>All households and 1 million small businesses will receive a $150 rebate for the 2025-2026 financial year. For small businesses, $56.7 million has been allocated to the Energy Efficiency scheme, which grants up to $25,000 to replace inefficient appliances.<\/p>\n<p>[\/et_pb_blurb][et_pb_blurb title=&#8221;Job switcher announced&#8221; image=&#8221;https:\/\/www.reckon.com\/au\/wp-content\/uploads\/2020\/03\/check-circle.svg&#8221; icon_placement=&#8221;left&#8221; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; header_font=&#8221;|700|||||||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>The government has announced that they will introduce worker rights laws to remove non-compete clauses industry wide from practice.<\/p>\n<p>This legislation is aimed at protecting worker rights and removing anti-competitive practices in the Australian workplace.<\/p>\n<p>[\/et_pb_blurb][et_pb_blurb title=&#8221;Buy Australian&#8221; image=&#8221;https:\/\/www.reckon.com\/au\/wp-content\/uploads\/2020\/03\/check-circle.svg&#8221; icon_placement=&#8221;left&#8221; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; header_font=&#8221;|700|||||||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>The government has committed $20 million to allocate towards an advertising campaign to encourage Australians to support local busiesses.<\/p>\n<p>This comes in response to the Trump administration&#8217;s recent tariffs levied against Australia.<\/p>\n<p>[\/et_pb_blurb][et_pb_blurb title=&#8221;Beer excise freeze&#8221; image=&#8221;https:\/\/www.reckon.com\/au\/wp-content\/uploads\/2020\/03\/check-circle.svg&#8221; icon_placement=&#8221;left&#8221; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; header_font=&#8221;|700|||||||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>The government has announced that the beer excise will be frozen for 2 years.<\/p>\n<p>Hospitality venues and brewers will benefit from the freeze on tap beer indexation.<\/p>\n<p>[\/et_pb_blurb][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; pac_dcm_carousel_specific_module_num=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2 style=\"text-align: center;\">The latest resources to help you manage the budget<\/h2>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;1_3,1_3,1_3&#8243; module_class=&#8221;blurb-articles&#8221; _builder_version=&#8221;4.16&#8243; module_alignment=&#8221;center&#8221; custom_margin=&#8221;||||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;4.16&#8243; pac_dcm_carousel_specific_module_num=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_blurb image=&#8221;https:\/\/www.reckon.com\/au\/wp-content\/uploads\/2020\/10\/Blog-pic-puppy.jpg&#8221; alt=&#8221;How to stay productive during during lockdown&#8221; _builder_version=&#8221;4.26.1&#8243; header_level=&#8221;h3&#8243; link_option_url=&#8221;https:\/\/www.reckon.com\/reckon-blog\/the-2024-federal-budget-recap-for-small-businesses\/&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><strong>A roadmap for small businesses for 2025<br \/><\/strong><a href=\"https:\/\/www.reckon.com\/reckon-blog\/outlook-for-2025-a-roadmap-for-small-businesses\/\"><strong>Read more &gt;<\/strong><\/a><\/p>\n<p>[\/et_pb_blurb][\/et_pb_column][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;4.16&#8243; pac_dcm_carousel_specific_module_num=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_blurb image=&#8221;https:\/\/www.reckon.com\/au\/wp-content\/uploads\/2020\/10\/Blog-pic-man-laptop.jpg&#8221; alt=&#8221;Working from home: How to stay sane indoors&#8221; _builder_version=&#8221;4.26.1&#8243; header_level=&#8221;h3&#8243; link_option_url=&#8221;https:\/\/www.reckon.com\/au\/small-business-resources\/end-of-financial-year\/instant-asset-write-off\/&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><strong>Dealing with inflation as a small business\u00a0<br \/><\/strong><a href=\"https:\/\/www.reckon.com\/reckon-blog\/ways-your-small-business-can-deal-with-inflation\/\"><strong>Read more &gt;<\/strong><\/a><\/p>\n<p>[\/et_pb_blurb][\/et_pb_column][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;4.16&#8243; pac_dcm_carousel_specific_module_num=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_blurb image=&#8221;https:\/\/www.reckon.com\/au\/wp-content\/uploads\/2020\/10\/work-form-home-kids.jpg&#8221; alt=&#8221;Top 4 productivity apps for small business&#8221; admin_label=&#8221;Blurb&#8221; _builder_version=&#8221;4.26.1&#8243; header_level=&#8221;h3&#8243; link_option_url=&#8221;https:\/\/www.reckon.com\/reckon-blog\/what-are-australian-businesses-looking-for-in-the-upcoming-2024-federal-budget-we-asked-them\/&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><b>Managing business growth<\/b><br \/><a href=\"https:\/\/www.reckon.com\/au\/small-business-resources\/business-growth\/stages\/\"><strong>Read more &gt;<\/strong><\/a><\/p>\n<p>[\/et_pb_blurb][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; 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global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>You&#8217;ll always be ready for tax time with Reckon One!<br \/>\n<\/h2>\n<p>Take control of your finances in the new financial year.[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;2_5&#8243; _builder_version=&#8221;4.16&#8243; custom_css_main_element=&#8221;margin-top:auto;||margin-bottom:auto;&#8221; pac_dcm_carousel_specific_module_num=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_button button_url=&#8221;https:\/\/www.reckon.com\/au\/accounting-software\/#pricing&#8221; button_text=&#8221;Start your free trial&#8221; button_alignment=&#8221;center&#8221; _builder_version=&#8221;4.16&#8243; saved_tabs=&#8221;all&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_button][et_pb_text content_tablet=&#8221;<\/p>\n<p style=%22text-align: center;%22>Cancel anytime. Unlimited users.<\/p>\n<p>&#8221; content_phone=&#8221;<\/p>\n<p>Cancel anytime. Unlimited users.<\/p>\n<p>&#8221; content_last_edited=&#8221;off|desktop&#8221; _builder_version=&#8221;4.23.1&#8243; text_orientation=&#8221;center&#8221; background_layout=&#8221;dark&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Cancel anytime.\u00a0<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>2025 Federal Budget Update Understand the key takeaways from the March 2025 Federal Budget and how it will affect your business.What is the budget? The Australian Federal Budget is prepared by the Treasurer and presented to Parliament. The budget outlines the proposed revenue and spending of the Australian Government for the upcoming financial year. 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