To subscribe, advertise or contribute articles to www.australianmanufacturingnews.com contact publisher@xtra.co.nz
  • Home
  • Latest News
    • Developments
    • Manufacturing Technology
    • Products
    • Future of Manufacturing
    • Trade Shows/Events
    • Energy
    • Business
    • Daily News
    • Company News
  • Smart Manufacturing
Australian Manufacturing News
The official site for the Australian Manufacturing News magazine
  • Home
  • AI
  • Architecture
  • Aviation
  • Big Data
  • Books
  • Business
  • Company News
  • Covid-19
  • Daily News
  • Developments
  • Energy
  • Environment
  • Future of Manufacturing
  • Smart Manufacturing
  • Manufacturing Technology
  • Mining
  • Products
  • Resources
  • Smart Manufacturing
  • Space
  • Sustainability
  • Trade Shows/Events
  • The Creative Class
  • Uncategorized
  • Webinars

News Ticker

Australian made concussion diagnosis device exported to US
Climate Impact Corporation announces 10GW renewable hydrogen projects in South Australia and Northern Territory
Over 30 trades represented at 47th WorldSkills International
Securing OT  key to unlocking Australia’s manufacturing vision in an ever-growing threat landscape
Australian astronaut Katherine Bennell-Pegg to headline international space symposium in Brisbane
The Budget 2024: Comment and Feedback on Energy Policies
Hunter class frigate program passes Preliminary Design Review milestone
Decarbonising our cities

Budget comment

CreditWatch Chief Economist, Harley Dale, shares his thoughts on the 2020 Budget announcement and the impact this will have on Australian businesses:
 
“This Federal Budget is all about generating an economic recovery through creating jobs. Against a backdrop of the largest deficit and debt levels since the Great Depression, the government is to be commended for announcing a number of measures that will assist in generating jobs and economic growth.
 
“The job maker hiring policy is, for example, a smart way to generate employment and the bringing forward of tax cuts makes sense in the current environment.
 
“The government has considered a suite of policies that cover a broad range of the Australian economy – not being one dimensional, but rather all-encompassing – ‘pumping tyres up for everyone rather than a select few’.
 
“In terms of the SME businesses, who are all suffering at the moment, the announcement of the Instant Asset Write Off boost is welcome news. This announcement will deliver significant financial relief to struggling SMEs. As an example, if you are a small business that has been capable of surviving COVID, and you need to grow your business, the instant write-off allows you to immediately invest in capital machinery.”




 
Harley Dale.
Share this:

Related Posts

Terry Smagh, Infor senior vice president and general manager for Asia Pacific and Japan

Company News /

Turning Tech into ROI: 4 Practical Strategies for Manufacturers

Allegro Energy_Dr Thomas Nann_1

Daily News /

Allegro Energy positions its proprietary LDES as a clean power backbone for data centres

Why precurement

Developments /

Why procurement leaders in manufacturing must rethink risk in the age of supply chain volatility 

‹ This budget will only work if business and consumers play ball › TeSys Island a leap forward for OEMs in their Industry 4.0 journey

28th August 2025

Recent Posts

  • Turning Tech into ROI: 4 Practical Strategies for Manufacturers
  • Why procurement leaders in manufacturing must rethink risk in the age of supply chain volatility 
  • A decade of natural gas delivers $127 billion boost to QLD economy
  •   Australia’s Economic Reform Roundtable August 21-25, Canberra – a focus on Productivity
  • Economic Reform Roundtable :Productivity
  • While Tech Giants Build Humanoid Robots, This Australian Startup Solves the Harder Problem First
  • Fuel and fertiliser for the future: regional hydrogen and ammonia power Aussie farming
  • Precision with Purpose: ANCA Unveils 2025–2030 Sustainability Strategy

Categories

  • AI
  • Architecture
  • Aviation
  • Big Data
  • Books
  • Business
  • Company News
  • Covid-19
  • Daily News
  • Developments
  • Energy
  • Environment
  • Future of Manufacturing
  • Manufacturing Technology
  • Mining
  • Products
  • Resources
  • Smart Manufacturing
  • Smart Manufacturing
  • Space
  • Sustainability
  • The Creative Class
  • Trade Shows/Events
  • Uncategorized
  • Webinars

Back to Top

  • Home
  • AI
  • Architecture
  • Aviation
  • Big Data
  • Books
  • Business
  • Company News
  • Covid-19
  • Daily News
  • Developments
  • Energy
  • Environment
  • Future of Manufacturing
  • Smart Manufacturing
  • Manufacturing Technology
  • Mining
  • Products
  • Resources
  • Smart Manufacturing
  • Space
  • Sustainability
  • Trade Shows/Events
  • The Creative Class
  • Uncategorized
  • Webinars

To subscribe, advertise or contribute articles to australianmanufacturingnews.com contact publisher@xtra.co.nz

(c) Australian Manufacturing News, 2025