If you're an Australian business, it's likely you'll be affected by your state or territory's budget announcements to come into effect from 1 July 2008.
In 2008-09, most states and territories will continue to reduce or phase out pay-roll tax. There will also be a reduction of stamp duty, land tax or transfer duty in some states. Some of the new business initiatives to be introduced in the new financial year include:
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continued assistance for apprentices and trainees
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programs to address skills shortages
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innovation and investment programs
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environmental initiatives.
To find out which changes apply to your business and when, see your state or territory budget papers below:
For information on federal government budget business initiatives see our Budget 2008-09 feature.