October 2022 Budget

Australian Small Business and Family Enterprise Ombudsman

The Australian Small Business and Family Enterprise Ombudsman Bruce Billson says tonight's Budget handed down by the Australian Government will provide welcome capability building, mental health and financial advice support for small businesses and incentives to grow, transform and become energy efficient.

The Budget includes:

  • $62.6 million over 3 years for small and medium sized businesses energy efficiency grants to reduce energy use and lower bills. The funding will support studies, planning, equipment and facility upgrade projects that will improve energy efficiency, reduce emissions or improve the management of power demand.
  • $10.9 million in extra funding for the New Access for Small Business Owners mental health support program operated by Beyond Blue, which offers free one-on-one telehealth sessions with specially trained mental health coaches providing evidence-based advice on strategies for managing stress.
  • $4 million extra for the Small Business Debt Helpline operated by Financial Counselling Australia offering free, independent, confidential and impartial phone-based support to small business owners.
  • $5.8 million over 4 years to support education and compliance associated with introducing the positive "respect
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