What Australian startups are saying about the 2016 budget

  |   Written By by Titan Vine ON

[1] The 2016 budget has been revealed and Australian startups have mixed reactions about it.

[2] Although lowered tax rate for SMEs, and instant tax deduction for equipment purchases under $20,000, were appreciated, some startups are seeking for more from the “innovation” prime minister.

[3] On the other hand, Scott Morrison’s budget which focused on tax breaks and incentives for SMEs have caught the attention of startups and venture capitalists.

[Source] Australian Information Technology News – What Australian startups are saying about the 2016 budget