Queensland Price range 2025-26 delivers wins for small companies

The Queensland Treasury handed down its 2025-26 finances yesterday, and there have been some strong wins for the state’s small companies.

Right here’s a rundown of all the things related to small-business homeowners on this yr’s finances papers.

What’s within the 2025-26 Queensland finances for SMEs?

This yr’s finances noticed some promising investments within the state’s SMEs and start-ups, together with:

• $44.7 million over 4 years for the Small Enterprise First Agenda. This consists of:
  • A Small Enterprise Concierge Service to assist small and household companies entry applications and assist;
  • Two new grant applications (The Building Enterprise Development Grants program and the Skilled Care Development Grants program)
  • New regional innovation and start-up hubs;
  • A dedication to chop pink tape by simplifying small enterprise procurement processes, standardising contracts, and supporting smaller tenders.
  • Moreover, the Small Enterprise Commissioner will refocus efforts on pink tape discount and dispute decision.

• $16.8 million over three years to take care of small enterprise wellness coaches and monetary counsellors and to proceed the Small Enterprise Help Companies Fund.

• $19 million over 4 years to assist small and family-run trades companies tackle apprentices.

• $11.5 million over 4 years in the direction of small-business planning programs in partnership with the College of the Sunshine Coast – this may present micro-credential programs to small-business leaders.

• $40 million over three years in extra funding for the Safe Communities Partnership Program, which can assist small companies and native governments implement measures to enhance neighborhood security in enterprise strips.

Different related measures

Along with measures instantly geared toward SMEs, the finances promised:

• $20 million over 4 years for a Returning to Work Package deal to assist girls return to work after having youngsters, caring for kinfolk, or recovering from an sickness.

• $75 million over three years to assist companies export, in addition to enabling reshoring and onshoring for producers.
  • The Made in Queensland Grant Program will obtain $15 million of this.

• $18 million over 4 years in the direction of the Queensland Commerce and Funding Uplift to assist present enterprise export applications.

• $10 million over three years for 2 new manufacturing hubs in Toowoomba and the Sunshine Coast.

• $446 million over 4 years in the direction of delivering Vacation spot 2045 – excellent news for tourism and occasions companies.

• $50 million over two years for trainees and apprentices.
  • It will prolong the free apprenticeships program for beneath 25s.

• Extension of the 50 per cent payroll tax rebate on apprentice and trainee wages till 2025-26 (Topic to the passage of legislative amendments.)

• $50.9 million over two years to increase the 15 per cent low cost on irrigation costs for small or family-run companies.

• $51.9 million over 4 years to ship the Farm Enterprise Resilience Program and Regional Drought Resilience Planning Program.

• $80 million over 4 years in the direction of the Social Entrepreneurs Fund, a lift for Queensland-based social enterprises.

Ai Group’s Head of Queensland, Michelle Faquhar, was happy with the finances’s dedication to streamline regulation and fees.

“It’s pleasing to see there aren’t any extra taxes or fees, regardless of the fiscal challenges the Authorities is dealing with,” she added. “A extra numerous and dynamic state financial system might present a extra sustainable pathway for prosperity, moderately than counting on royalties and conventional industries.”