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What’s in the budget 2021-22? subscribe A A The federal budget for 2021-22 has been handed down, outlining a range of steps to support home ownership and help small businesses recover from the coronavirus pandemic. Federal Treasurer Josh Frydenberg has presented tax cuts for more than 10 million people (which will reportedly see low- and middle-income earners benefit by up to $1,080 for individuals or $2,160 for couples) “to put more money in their pockets to spend in small businesses across the country helping to create jobs”, and new spending initiatives, including those to support home buying and small businesses, in the 2021-22 budget. ....
iTWire Friday, 07 May 2021 14:45 Australian Government invests $1.2 billion to secure digital future Shares This year’s Federal Budget includes a $1.2 billion investment for Australia’s digital future. The Digital Economy Strategy targets investment in emerging technologies, building digital skills, business investments, and enhancing Government service delivery. The Morrison Government is investing almost $1.2 billion in Australia’s digital future through the Digital Economy Strategy, as part of this year’s Federal Budget. The strategy outlines the policies and actions the Government is taking to grow Australia’s future as a modern and leading digital economy by 2030. Prime Minister Scott Morrison says Australia’s biggest challenges and opportunities turns on how we respond to the digital transformation occurring in every sector and every facet of our lives. ....
Australia gets AU$1.2bn pre-budget digital boost 07 May 2021 | Melanie Mingas The Australian government has unveiled a wide-ranging, AU$1.2 billion scheme to boost the country s digital future. Comprising eight key parts, the Digital Economy Strategy was announced ahead of the 11 May Federal budget and covered everything from gaming to digitalisation and e-health. Of the total budgeted, there will be more than $100 million made available to support digital skills, investments in the cyber workforce, and scholarships for emerging technology graduates. Investment incentives and data in the economy were two major points of interest. Here a Digital Games Tax Offset of 30% will be introduced to support Australia taking a greater share of the $250 billion global game development market, and changes to the way Australian businesses can claim depreciation of intangible assets like intellectual property and in-house software. ....
A modern digital economy to secure Australia s future Thursday, 06 May 2021 Share this The Morrison Government is investing almost $1.2 billion in Australia’s digital future through the Digital Economy Strategy, as part of this year’s Federal Budget. The strategy outlines the policies and actions the Government is taking to grow Australia’s future as a modern and leading digital economy by 2030. Prime Minister Scott Morrison said one of our biggest challenges and opportunities turns on how we respond to the digital transformation occurring in every sector and every facet of our lives. “Every business in Australia is now a digital business. The tradesman or woman who seeks work through AirTasker. The landscaper who finds most of their new business through search engine placement and social media. The farmer who keeps track of their herd with electronic tags or drones. The local Thai restaurant that sells through UberEats, MenuLog, De ....