“Missed opportunity”: Federal Budget doesn’t pass the Queensland business test

“Missed opportunity”: Federal Budget doesn’t pass the Queensland business test

The Queensland Business Chamber criticised the Federal Budget for not addressing long-term business productivity and confidence issues. CEO Heidi Cooper highlighted that while the budget offers short-term cost of living relief, it neglects the pressures businesses face, such as high costs, tight labor markets, and regulatory challenges.

Cooper noted the budget’s investments in business owner support, but emphasised the lack of day-to-day relief and long-term economic reforms.

Key budget measures include:

  • small business energy bill relief
  • an extended instant asset write-off
  • the phase-out of live sheep exports
  • the abolition of certain export tariffs, and
  • investments in mental health support and rail infrastructure.

Despite these initiatives, the business community remains concerned about insufficient relief and long-term planning. The Business Chamber will host a discussion with the Federal Treasurer to address these issues.

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