The Federal Election Results - What Do They Mean for Small Business?

Welcome to this weeks’ episode of The Australian Small Business Show!Today we’re discussing the recent federalelection results and what it means for small business.Specifically, we dive into:·       Energy rebates which come into effect 1 July 2025;·       A new solar battery subsidy scheme;·       The short term extension of the $20,000 instant asset write off·       Significant changes to superannuation legislation which will see tax required to be paid on unrealised gains within your super fund, and different tax rates for funds with over $3 million in assets·       Additional funding being allocate to the ATO to assist with tax compliance scrutiny;·       Likely changes to the Fair Work Act including banning non compete clauses in employment contracts amongst other things; ·       And what else might be in the pipeline with a majority Government in place.Connect with Us:If you're an Australian Small Business Owner, we'd love to connect with you on socials. You can give our Facebook Page a like here: https://www.facebook.com/theaustraliansmallbusinessshowOr follow us on Instagram here: https://www.instagram.com/aussmallbizshow/* Disclaimer: The information shared on The Australian Small Business Show is general in nature and does not constitute professional advice, legal or otherwise. We recommend consulting with your advisors on your specific circumstances.