Advancing Aboriginal Economic Development

Toolbox Tuesday

Date:

19 May 2026

News Category 

  • Highlight

The 2026–27 Federal Budget has now been announced, and the Small Business Development Corporation has shared a simple summary of what the key changes may mean for small businesses.

Key updates include:
✔️.  Instant asset write-off
✔️.  Taxation of trust funds
✔️.  Reintroduction of Loss Carry Back
✔️.  Refundable tax losses for startups
✔️.  PAYG instalment reforms

Read the full article here.

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Acknowledgment to Country

Morrgul acknowledges the Traditional Custodians of Country, the Aboriginal people of the many lands that we work on and their language groups throughout Western Australia and recognise their continuing connection to the land and waters. We respect their continuing culture and the contribution they make to the life of our regions, and we pay our respects to their Elders past, present and emerging.

© Morrgul Pty Ltd, 2026 (ABN 28 163 168 796)