Go deeper: How SMEs can strategically read the federal budget
If you want a fast overview of the federal budget within hours of its release, SmartCompany, newspapers, professional services firms and more will all publish their key takeaways and opinions.
However, if you’re building a future strategy for your small-to-medium enterprise and need to make some key decisions, it could pay to dig a little deeper into the budget overview and the various budget papers in their original form.
The budget is essentially the result of what the government thinks is likely to happen with the Australian and global economy. It contains the government’s plans for both taxes and spending for the coming years — particularly new initiatives and policies.