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Business Grants

Please note that while we update our lists of available grants regularly, this is not a comprehensive list and closing dates and details should be verified using the links provided as they are subject to change by the providers without notice.

If you have been affected by Coronavirus, details on the announced assistance is available on our dedicated Coronavirus (COVID-19) Assistance page.

If you have been affected by the ongoing drought or the recent bushfires, a list of available grants and assitance is available on our dedicated Drought Assistance and Bushfire Assistance pages.

Cooperative Research Centres (CRC) Grants - Round 25 Grant Closes: 5th of March 2024 - 5:00 pm Value: Unspecified Run By: Australian Government Department of Industry, Science and Resources Further Information: https://www.grants.gov.au/Go/Show?GoUuid=80e4ba6f-3b20-4a20-bb80-43fdac9bb302

The CRC Program (the program) supports industry-led collaborations between industry, researchers and the community. The program is a proven model for linking researchers with industry to focus on research and development towards use and commercialisation.

The objectives of the program are to:

  • improve the competitiveness, productivity and sustainability of Australian industries, especially where Australia has a competitive strength, and in line with government priorities
  • foster high quality research to solve industry-identified problems through industry-led and outcome-focused collaborative research partnerships between industry entities and research organisations
  • encourage and facilitate small and medium enterprise (SME) participation in collaborative research.

The intended outcomes of the program include:

  • establishing industry-research sector collaborations
  • SME participation in collaborative research
  • collaborative research results
  • research results relevant to government priorities
  • increased research skills in industry and increased industry capability in research
  • improved competitiveness and productivity for industry participating in CRCs and CRC-Ps
  • industry, research and other users valuing the program

CRC grants are open to all industry sectors and research disciplines. You must apply as a group of applicants who have agreed to collaborate.

Each CRC must include and maintain amongst its project partners at least one Australian industry entity and one Australian research organisation.

Applicants must at least match the amount of grant funding sought through cash and/or in-kind contributions.

Last Updated: 14th of December 2023
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Live Music Australia - Round 8 Grant Closes: 12th of March 2024 - 11:30 pm Value: Up to $100,000 Run By: Australian Government Department of Infrastructure, Transport, Regional Development, Communications and the Arts Further Information: https://www.grants.gov.au/Go/Show?GoUuid=8c174990-684b-4222-ad27-9a11a218665e

The Live Music Australia program aims to support business ventures in local suburbs, towns and regions across the country, building capacity for a sustainable live music scene with strong community roots, in all parts of Australia. The focus of the program is on small to medium venues that support high quality original Australian live music that is professionally staged. Proposals should demonstrate that activities will provide ongoing benefits to the Australian music sector.

The program objectives are to:  

  • support the development, growth and innovation of Australian contemporary live music by increasing performance opportunities for original contemporary music by Australian artists
  • support a sustainable venue-based live music industry by building professional capacity within venues, and growing and building audiences
  • support partnerships, collaboration and networks across the Australian live music industry
Last Updated: 12th of February 2024
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Natural Hazards Technology Program Grant Closes: 14th of March 2024 - 10:00 pm Value: Up to $250,000 Run By: Office of the NSW Chief Scientist & Engineer Further Information: https://www.chiefscientist.nsw.gov.au/rd-action-plan/natural-hazards-technology-program

The Natural Hazards Technology Program (the Program) is a new $1.89 million competitive grants program to accelerate technology innovation and adoption in NSW. The Program will allow better preparation for and respond to natural hazards by trialling field-ready technology with end-user NSW Government agencies. It builds on the success of the Bushfire Response R&D Mission and Bushfire Technology Pilots Program and expands the remit to provide tangible assistance in overcoming challenges from natural hazards.

The Program involves NSW Government agencies posing challenges to address current gaps in responding to, managing and recovering from natural hazards. There is also a 'big ideas' stream to help identify future technology capabilities. The potential partner agencies include NSW Rural Fire Service (RFS), State Emergency Services (SES), NSW Fire and Rescue, NSW Forestry Corp, Reconstruction Authority, NSW Telco Authority, Transport for NSW, Department of Planning and Environment, and the Department of Customer Service.

NSW businesses can apply for up to $250,000 per grant application to propose their solution for one or more of the Program challenges. Participating businesses receive grants to pilot their solution with the NSW Government agency to help solve the challenge. At the end of the Program, NSW Government agencies consider procurement where the solution successfully addresses their need.

Each application is required to align to either:

  • End-User Agency Challenges – a challenge set by end-user NSW agencies requiring an innovative solution (applications can align to more than one challenge). Each challenge outlines a capability that the agency doesn’t currently possess and for which it is willing to explore solutions over the next 12 months.It should be noted that there are more challenges than can be funded.
  • ‘Big Ideas’ Challenge – a cutting-edge or emerging technology/innovation in its application to natural hazards that could deliver a significant impact. Please note the technology will need end-user agency support before it can go through the assessment process.

The Program is designed to:

  • find technology solutions to challenges faced by NSW Government agencies in the management of natural hazards
  • support innovative NSW businesses to field-test their technologies with NSW Government agencies to:
    • refine and improve their product for market
    • build relationships to increase opportunities for future collaborations
  • build and improve NSW Government agency awareness of innovation possibilities in natural hazards management and operations through exposure to new technology.

The benefits of the Program for NSW businesses include:

  • up to $250,000 in grant funding to field-test new technologies with NSW Government agencies.
  • working with the NSW Government agencies to pilot, test and refine solutions.
  • building connections with NSW Government agencies for future opportunities or collaborations.
  • potential NSW Government contracts for successful solutions.
Last Updated: 26th of February 2024
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Traceability Grants Program – Round 3 Grant Closes: 18th of March 2024 - 9:00 pm Value: $55,000 to $550,000 Run By: Australian Government Department of Agriculture, Fisheries and Forestry Further Information: https://www.grants.gov.au/Go/Show?GoUuid=26006d84-ef66-422d-976e-a76c4b1e26cc

The program provides the opportunity for successful applicants to contribute to improving traceability for Australian agricultural industries and consumers.

The purpose of the program is to support collaborative traceability projects that will assist implementation activities under the strategy. Building on the outcomes of earlier rounds, the Traceability Grants Program - Round 3 will award grants totalling $4 million ($2 million in 2023-24 and $2 million in 2024-25) and grant activities funded by those grants are expected to be completed by 30 June 2026.

The strategy has eight strategic objectives and identifies eleven priority areas for action (see Appendix A). To date, the Traceability Grants Program and other ad hoc programs have achieved outcomes and supported investment in several of those priority areas for action.

Last Updated: 12th of February 2024
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Methane Emissions Reduction in Livestock - Validation and Demonstration - Round 2 Grant Closes: 20th of March 2024 - 5:00 pm Value: $1 Million to $3 Million Run By: Australian Government Department of Climate Change, Energy, the Environment and Water Further Information: https://business.gov.au/grants-and-programs/methane-emissions-reduction-in-livestock-stage-3-round-2

The purpose of this grant opportunity is to validate and demonstrate technologies to deliver methane-reducing livestock feed supplements to grazing animals and other solutions to reduce methane emissions from grazing livestock (beef and dairy cattle, and sheep) at large scale.

Applicants will need to demonstrate how their proposed solutions will be safe and effective in reducing enteric emissions in an operational environment. Please refer to the grant opportunity guidelines for full details.

The objectives of the grant opportunity are to:

  • fast-track the development and commercial readiness to deliver methane-reducing solutions to grazing animals at large-scale
  • validate and demonstrate the impacts, effectiveness and safety of methane-reducing solutions under Australian operational environments
  • engage and collaborate with livestock producers to ensure methane-reducing solutions can be adopted in a cost-effective way within common grazing management operations
  • leverage co-investment to develop, validate and demonstrate benefits of the methane-reducing solutions.
Last Updated: 26th of February 2024
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Climate-Smart Agriculture Program - Capacity Building Grants - Round 1 Grant Closes: 28th of March 2024 - 9:00 pm Value: $10,000 to $1 Million Run By: Australian Government Department of Agriculture, Fisheries and Forestry Further Information: https://www.grants.gov.au/Go/Show?GoUuid=2b3227da-cfd4-42ab-bbfd-c4c6bd15ffd5

The Climate-Smart Agriculture Program will support Australia’s agriculture sector to drive climate-smart, sustainable growth, and protect Australia’s natural capital by funding best practice sustainable agriculture and natural resource management activities.

This grant opportunity will support farmers to increase their awareness, knowledge and skills of best practice climate-smart sustainable agriculture approaches. It will also increase the capacity and capability of community, Landcare groups, First Nations groups and organisations, and industry partnerships to assist farmers to adopt climate-smart and sustainable agriculture practices. A range of climate-smart, sustainable agriculture projects will be eligible.

The grant opportunity will contribute to the following Capacity Building grant opportunity outcomes:

  • Outcome 1: farmers and land holders have increased awareness, knowledge and skills of best practice climate-smart sustainable agriculture approaches.
  • Outcome 2: community, Landcare groups, First Nations peoples and industry have increased capacity and capability to assist farmers and land holders to adopt climate-smart and sustainable agriculture practices.
  • Outcome 3: the agriculture sector is utilising proven climate-smart and sustainable agriculture practices, initiatives and information sources to increase adoption at scale.
Last Updated: 26th of February 2024
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Defence Global Competitiveness Grants Grant Current batch Closes: 31st of March 2024 Value: $15,000 to $150,000 Run By: Australian Government Department of Industry, Science, Energy and Resources Further Information: https://www.business.gov.au/grants-and-programs/defence-global-competitiveness-grants

The Defence Global Competitiveness Grants will help Australian SMEs to invest in projects that build export capability to build a stronger, more sustainable and globally competitive Australian defence industry. The Defence Export Strategy defines Australian defence exports as “any defence-specific or dual-use goods or services exported by Australian defence industry, including as part of a supply chain, that are intended for a defence or national security end-user”.

Funding is for up to 50% of eligible project costs.

Project activities can include:

  • buying, leasing, constructing, installing or commissioning of capital equipment including specialist software to enhance cyber security.
  • design, engineering and commissioning activities.
  • workforce training and accreditations.
Last Updated: 24th of January 2024
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NSW Sheep and Goat Electronic Identification (eID) Rebate Scheme Grant Closes: 31st of March 2024 Value: Varies Run By: NSW Department of Primary Industries Further Information: https://www.raa.nsw.gov.au/grants/eid

Industry and government have agreed to transition towards mandatory electronic identification (eID) for sheep and farmed goats nation-wide.

Primary producers, processors, saleyards (including local government saleyards) and stock and station agents may be eligible for a rebate which will supplement the cost of purchasing and installing eID tagging systems.

Last Updated: 21st of November 2023
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2023 COVID-19 Aged Care Support Program - Reimbursement Stream Grant Closes: 3rd of April 2024 - 2:00 pm Value: $2,000 per resident plus $20,000 base funding Run By: Australian Government Department of Health and Aged Care Further Information: https://www.grants.gov.au/Go/Show?GoUuid=cfdb4860-9d66-484e-982b-380813398b96

The purpose of the 2023 COVID-19 Aged Care Support Program grant opportunity is to support providers to transition towards managing the costs of COVID-19 outbreaks as part of their business-as-usual arrangements. The Program will reimburse approved aged care providers to maintain preparedness for, and respond to, outbreaks in the 2023 calendar
year for eligible expenditure incurred in managing direct impacts of COVID-19 up to a maximum grant value per  operational place for residential aged care providers or number of home care packages for home care providers.

The objective of the program is to support the provision of safe and quality care for older Australians in their choice of
care through regulatory activities, collaboration with the aged care sector and consumers, as well as capacity building and awareness raising activities.

The intended outcomes of the program are:

  • consumers of Aged Care Services directly impacted by COVID-19, experience safe and quality care; and
  • the financial costs of managing direct impacts of COVID-19 are reduced for eligible Aged Care services

For the Reimbursement Stream, the government will reimburse up to a capped amount based on the number of operational places for residential aged care providers or number of home care packages for home care providers.

This includes:

  • • Residential Aged Care and NATSIFACP services, the maximum grant value has two components: a base funding allocation of $20,000 plus a funding allocation of $2,000 for each operational place.
  • • Home Care services, the maximum grant value has a single component: a funding allocation of $650 per client.
Last Updated: 27th of April 2023
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Business Research and Innovation Initiative (BRII) – Renewables and Low Emissions Round – Feasibility Grant Closes: 3rd of April 2024 - 5:00 pm Value: $50,000 to $100,000 Run By: Australian Government Department of Industry, Science and Resources Further Information: https://www.grants.gov.au/Go/Show?GoUuid=6a21e0dc-623c-4c75-948d-70a2f5846bba

The program provides small to medium sized enterprises (SMEs) with grant funding to develop innovative solutions for government policy and service delivery challenges.

The objective of the program is to drive innovation within SMEs and government by encouraging the development of innovative solutions by SMEs to public policy and service delivery challenges.

The intended outcomes of the program are:

  • stimulate the innovative capacity of SMEs and Australian Government agencies
  • improve business capability to access national and international markets
  • develop SMEs confidence and awareness when working with government as a possible customer
  • encourage Australian Government agencies to participate in sourcing innovative solutions.

There will be two grant opportunities as part of this program, the Feasibility grant opportunity and the Proof of Concept grant opportunity. You can only apply for the Proof of Concept grant opportunity if you have received a Feasibility grant.

Last Updated: 26th of February 2024
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Energy Efficiency Grants for Small and Medium Enterprises - Round 2 Grant Closes: 8th of April 2024 - 5:00 pm Value: $10,000 to $25,000 Run By: Australian Government Department of Climate Change, Energy, the Environment and Water Further Information: https://www.grants.gov.au/Go/Show?GoUuid=eed7e155-a4f0-4a8a-85ee-b3f83cb48bac

The Energy Efficiency Grants for Small and Medium Sized Enterprises Round 2 will support businesses to upgrade or replace inefficient equipment to improve their energy efficiency. These upgrades will enable industries to reduce their energy use, manage energy cost volatility in the long term and contribute to Australia’s target of a 43% reduction on 2005 emission levels by 2030.

The objectives of the program are:

  • improve energy efficiency practices and increase the uptake of energy efficient technologies
  • assist small and medium businesses to manage their energy usage and costs
  • reduce greenhouse gas emissions.

The intended outcomes of the program are:

  • increase awareness of energy efficiency opportunities and help businesses to save energy
  • reduced power bills for small and medium businesses
  • emissions abatement to contribute to Australia reducing its emissions to 43% below 2005 levels by 2030.
Last Updated: 12th of February 2024
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Climate-Smart Agriculture Program - Partnerships and Innovation Grants Grant Closes: 8th of April 2024 - 9:00 pm Value: $250,000 to $5 Million Run By: Australian Government Department of Agriculture, Fisheries and Forestry Further Information: https://www.grants.gov.au/Go/Show?GoUuid=0eb7067d-3a31-4395-9fff-d8d14ac4e66e

The Climate-Smart Agriculture Program will support Australia’s agriculture sector to drive climate-smart, sustainable growth, and protect Australia’s natural capital by funding best practice sustainable agriculture and natural resource management activities.

Partnerships and Innovation grants under the Climate-Smart Agriculture Program will be comprised of up to 2 rounds of open, competitive, grant opportunities. These Grant Opportunity Guidelines outline the detail and criteria for this round. A second grant round may occur if the full $45 million is not allocated in this round.

This grant opportunity will support large scale projects to be delivered across Australia by consortium arrangement to develop, trial and implement new and innovative tools that lead to practice change and reduce pressure on Australia’s natural resources while increasing productive and profitable agriculture industries and systems. It will provide investment to help accelerate and support the adoption of climate-smart and sustainable agricultural practices on-ground by funding
projects that reduce greenhouse gas emissions, increase carbon sequestration and build resilience in farming systems to the impacts of climate change.

Partnerships and Innovation projects will allow new ideas to be developed, tested and shared across farms, industries and regions, to the benefit of the Australian landscape, community and economy. Industry implementation of innovative tools and practices also assists Australia to meet its obligations under international treaties including those addressing climate change, desertification and biological diversity.

Last Updated: 26th of February 2024
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Support Plantation Establishment 2024–25 Grant Closes: 15th of April 2024 - 9:00 pm Value: $40,000 to unspecified maximum Run By: Australian Government Department of Agriculture, Fisheries and Forestry Further Information: https://www.grants.gov.au/Go/Show?GoUuid=534dc21a-6d94-42a5-bb3b-b2e4ac5226f1

The Support Plantation Establishment Program will run over 4 years from 2023–24 to 2026–27. The funding will support the establishment of new long-rotation softwood and hardwood plantation forests and assist the sector to respond to the projected growth in demand for domestically sourced timber resources. Through focusing on long-rotation plantation forests the program’s key intended outcomes are to increase domestic timber supply, particularly construction and manufacturing timber resources, and to contribute to Australia’s carbon emissions reduction commitments.

 

Last Updated: 12th of February 2024
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Innovator Training Program Grant Closes: 17th of May 2024 Run By: Aged Care Research and Industry Innovation Australia Further Information: https://www.ariia.org.au/programs/innovator-training-program

Are you working in the aged care sector and have a problem in your workplace? Do you need support to find a solution? The free Innovator Training Program is designed to provide you or your team with tools and skills to use available knowledge and evidence to solve a problem in your workplace.

By joining the Innovator Training Program (ITP), ‘Innovators’ will receive dedicated training to implement changes based on available research evidence, and shape a solution that is appropriate for local settings and organisations.

The training program provides individuals or teams with the skills and knowledge to:

  • Understand the components of a problem
  • Find best-practice evidence to solve the problem
  • Manage change and innovation within the workplace
  • Measure if the change has made a difference.
Last Updated: 28th of February 2024
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Automatic Dependent Surveillance (ADS-B) Broadcast Rebate Program Grant Closes: 31st of May 2024 - 5:00 pm or until expended Value: Up to $5,000 per eligible aircraft Run By: Australian Government Department of Infrastructure, Transport, Regional Development, Communications and the Arts Further Information: https://business.gov.au/grants-and-programs/automatic-dependent-surveillance-broadcast-rebate-program

The objective of the program is to incentivise voluntary uptake of ADS-B equipment in Australian registered aircraft operating under Visual Flight Rules (VFR) to improve safety and efficiency for Australian airspace users.

The intended outcome of the program is improved safety and efficiency of Australian airspace, through extension of ADS-B technology to the Australian VFR aircraft fleet to provide:

  • better situational awareness for pilots through improved electronic visibility of nearby airborne VFR aircraft
  • enhanced search and rescue capabilities through improved air traffic information
  • air traffic controllers with additional and accurate automated aircraft position information of VFR aircraft

The program funds two classes of eligible ADS-B equipment (see Appendix A):

  • installed ADS-B equipment that air traffic controllers can use for aircraft separation purposes (referred to as ADS-B), or
  • portable ADS-B equipment for local electronic traffic information purposes (referred to as ADS-B EC).

The grant amount will be up to 50 per cent of eligible project expenditure (grant percentage). The maximum grant amount is $5,000 per eligible aircraft. Only one grant per aircraft and per device is permitted. You can apply for multiple grants if you own more than one eligible aircraft. A grant may be made for each eligible aircraft for an ADS-B or an ADS-B EC, but not both

Last Updated: 1st of June 2023
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On Farm Connectivity Program Grant Closes: 31st of May 2024 - 5:00 pm Value: $3,000 to $30,000 Run By: Australian Government Department of Infrastructure, Transport, Regional Development, Communications and the Arts Further Information: https://www.grants.gov.au/Go/Show?GoUuid=833d3eb4-e6dc-4aaa-87a9-df016c0bbc60

The On Farm Connectivity Program (the program) will run over 2 years from 2023-24 to 2024-25. The program is an election commitment announced as part of Labor’s Plan for a Better Future. This program forms part of the Better Connectivity for Rural and Regional Australia Plan (Better Connectivity Plan) and assists primary producers to take advantage of digital agribusiness solutions to boost productivity and improve safety.

The objectives of the program are:

  • extend digital connectivity and take advantage of advanced farming technology
  • enhance a primary producers’ capacity to implement digital agribusiness solutions through improved connectivity
  • capitalise on the agricultural sector’s potential for increased productivity and growth
  • support access to new communications equipment by offsetting some of the cost.

The intended outcomes of the program are:

  • increased investment in equipment to support operations of the agricultural sector
  • increased efficiency, competitiveness, productivity and profitability of the agricultural sector
  • improved safety on farm
  • increased use of advanced farming technology
  • improved knowledge of advanced farming technology and digital literacy.

Eligible Primary Producers can only access the program (and rebate) through an Eligible Equipment Supplier.

Last Updated: 28th of October 2023
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Australian Apprenticeships Incentives Program - 2022 to 2024 Grant Closes: 30th of June 2024 Run By: Australian Government Department of Education Further Information: https://www.australianapprenticeships.gov.au/aus-employer-incentives

From 1 July 2022 to 30 June 2024, the Australian Apprenticeships Incentive System will provide broad support to the economy through wage subsidies for eligible employers in priority occupations. Priority occupations are those listed on the Australian Apprenticeships Priority List.

The objective of the Australian Apprenticeships Incentives Program is to contribute a highly skilled and relevant Australian workforce that supports economic sustainability and competitiveness.

This is achieved by encouraging:

  • genuine opportunities for skills-based training and development of employees; and
  • people to enter into skills-based training through an Australian Apprenticeship.

The Australian Apprenticeships Incentives Program contains a range of payments. Eligibility criteria apply to all Australian Government Australian Apprenticeships Incentives payments. Further information regarding eligibility can be obtained from your Australian Apprenticeship Support Network (AASN) provider.

Support through the Australian Apprenticeships Incentives Program is also provided to employers of Australian Apprentices working towards a Priority Occupation. The eligible Priority Occupations are Aged Care, Child Care, Disability Care Workers and Enrolled Nurses.

There are a range of financial and non-financial supports available, including:

  • Commencement payments
  • Retention payment
  • Recommencement payment
  • Completion payment
  • Wage subsidy
  • Identified skill shortage payment
  • Assistance for apprentices with a disability
Last Updated: 14th of July 2022
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Elsa Dixon Aboriginal Employment Grant - 2023-24 Grant Ongoing Until Closes: 30th of June 2024 Value: $10,000 to $40,000 Run By: NSW Government Department of Education Further Information: https://education.nsw.gov.au/skills-nsw/aboriginal-and-torres-strait-islander-peoples/elsa-dixon-aboriginal-employment-grant

The Elsa Dixon Aboriginal Employment Grant (EDAEG) adopts a number of strategies to develop and support Aboriginal people through the creation of training and employment opportunities. Promoting diversity, innovation and service responsiveness in the NSW workforce, the Elsa Dixon Aboriginal Employment Grant subsidises the salary, development and support costs of Aboriginal employees in public service agencies and local government authorities.

Grant Elements

  • Permanent Ongoing Employment – $20,000 up to $40,000 to support the creation of permanent employment.
  • Temporary (Term Employment) Secondment – $20,000 up to $40,000 (dependant on the term of position) to support a temporary position of up to 12 months that offers significant skill development for a permanent employee.
  • School-based Apprenticeships and Traineeships – $10,000 one off payment to support school-based apprenticeships and traineeships.
  • Post School Element - $10,000 up to $20,000 (Part - Time or Full- Time Employment Status) to support the continuation of employment for a learner who successfully completed a High School Certificate (HSC, Year 12) in the previous calendar year.
Last Updated: 30th of July 2023
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Small Business Skills and Training Boost Grant Closes: 30th of June 2024 Value: Additional 20% tax deduction on eligible expenditure Run By: Australian Taxation Office Further Information: https://www.ato.gov.au/Business/Income-and-deductions-for-business/Deductions/Small-business-skills-and-training-boost/

Small businesses with an aggregated annual turnover of less than $50 million will be allowed an additional 20% tax deduction for external training courses delivered to employees by registered training providers.

The expenditure must be:

  • for the provision of training to employees of your business, either in-person in Australia, or online
  • charged, directly or indirectly, by a registered external training provider that is not you or an associate of yours
  • already deductible for your business under taxation law
  • incurred within a specified period (between 7:30 pm AEDT or by legal time in the ACT on 29 March 2022 and 30 June 2024).

The bonus deduction is available for expenditure for the provision of training to one or more employees of your business. The training provider must meet certain registration criteria for the bonus deduction.

 

Last Updated: 19th of November 2023
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Small Business Technology Investment Boost Grant Closes: 30th of June 2024 Value: Up to $20,000 Run By: Australian Taxation Office Further Information: https://www.ato.gov.au/Business/Income-and-deductions-for-business/Deductions/Small-business-technology-investment-boost/

Small businesses with an aggregated annual turnover of less than $50 million will be allowed an additional 20% tax deduction to support their digital operations and digitise their operations.

The boost applies to eligible expenditure incurred between 7:30 pm AEDT on 29 March 2022 and 30 June 2023. The boost is for business expenses and depreciating assets and is capped at $100,000 of expenditure per income year. You can receive a maximum bonus deduction of $20,000 per income year.

To access the small business technology investment boost, your business needs to meet the standard aggregated annual turnover rules (with an increased $50 million threshold).

The expenditure must:

  • already be deductible for your business under taxation law
  • be incurred between 7:30 pm AEDT 29 March 2022 and 30 June 2023.

If the expenditure is on a depreciating asset, the asset must be first used or installed ready for use for a taxable purpose by 30 June 2023.

Eligible expenditure may include, but is not limited to, business expenditure on:

  • digital enabling items – computer and telecommunications hardware and equipment, software, internet costs, systems and services that form and facilitate the use of computer networks
  • digital media and marketing – audio and visual content that can be created, accessed, stored or viewed on digital devices, including web page design
  • e-commerce – goods or services supporting digitally ordered or platform-enabled online transactions, portable payment devices, digital inventory management, subscriptions to cloud-based services and advice on digital operations or digitising operations, such as advice about digital tools to support business continuity and growth
  • cyber security – cyber security systems, backup management and monitoring services.
Last Updated: 19th of November 2023
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