What Does The 2022-23 Budget Mean For You?

October 2022-2023 Budget

Last week, Treasurer Jim Chalmers handed down Labor’s October 2022-2023 Federal Budget.

This budget was an update from the previous liberal federal budget and there were no real tax changes that affect small businesses.

The bad news is interest rates and labour costs are rising and with high inflation levels, many businesses will receive very little assistance from the government.

A few key points that we think are relevant to you and your pharmacy: