Budget continues targeted relief as small businesses hope for recovery

The Australian Small Business and Family Enterprise Ombudsman Bruce Billson says tonight’s 2025-26 Federal Budget was ‘the sequel’ to last year’s, offering modest targeted measures to help small and family business deal with specific current pain points and headwinds.

The Ombudsman said that struggling small businesses will have to look to and hope for election commitments that present a decisive positive action plan to ‘put some wind in their sails’, lift their prospects for success and to turn around a post-COVID period of tough trading conditions.

Tradies and sub-contractors to be paid on time and in full, in ‘fairer go’ for construction

The Australian Small Business and Family Enterprise Ombudsman (ASBFEO) is encouraged by the Australian Government’s response to the Murray Review of Security of Payment Laws, and welcomes the announcement of further action to help ensure tradies and subcontractors are paid on time.  

Mr Billson said the Government’s commitment to extend protections against unfair business practices to small businesses, will also help address harmful conduct in the construction sector. 

New protections will blunt ‘too sharp by half’ conduct that harms small businesses

The Australian Small Business and Family Enterprise Ombudsman (ASBFEO) has enthusiastically welcomed the Australian Government’s commitment to introduce protections for small and family businesses harmed by unfair business trading practices. 

Mr Billson said this commitment will reassure small and family businesses that they can invest, innovate, take risks, compete and create jobs and opportunities without being unfairly ‘done over’ by a more powerful business because there is a ‘gaping hole in the law’.