The impact of the 2022-23 Federal budget on hospitality businesses 

Claudia Kent
April 19th, 2023
Last Updated

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JobMaker Hiring Incentive
Tax Changes


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SME Loan Guarantee Scheme

This budget provides much-needed support for hospitality businesses in Australia that have been impacted by COVID-19 restrictions over the past year or so. While there are still many challenges ahead as we continue our recovery process, understanding these key measures of the federal budget can help small business owners make informed decisions about their future operations and ensure their business remains viable into next year and beyond. With additional incentives such as JobMaker Hiring Incentive and SME Loan Guarantee Scheme combined with lower taxes for individuals across Australia, this Federal Budget looks promising for those within the hospitality industry looking towards a brighter future ahead!

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