The Holistic Accountant

What Does a Labor Party Victory Mean for Small Business?

Stuart Wemyss & Mena Abraham Season 5 Episode 14

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A Labor Party win brings a wave of policy changes—some offering opportunities, others increasing complexity for small businesses. In this timely episode, Stuart and Mena unpack the key reforms and proposals affecting entrepreneurs and business owners.

From tighter labour market conditions and ATO crackdowns on trusts to the $3 million super tax and incentives like the extended instant asset write-off and energy grants—this episode breaks down what’s real, what’s likely, and what you should prepare for.

They also discuss housing market impacts, fee-free TAFE expansions, IR reforms, and the looming SG rate increase. If you're a small business owner navigating policy shifts under Labor, this episode is your essential briefing.

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IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.

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