The 2025–26 Federal Budget has introduced several key initiatives aimed at supporting Australian businesses, particularly small and medium enterprises (SMEs). Whether you’re focused on reducing energy expenses, upgrading equipment, or growing your workforce, this year’s budget includes a range of government grants and business incentives designed to support long-term growth.
Understanding which programs your business qualifies for is essential—especially as many of these opportunities are time-sensitive. Early preparation not only ensures eligibility but can also give your business a strategic advantage.
RV Advisory Group, a trusted name in small business accounting and tax advisory, helps business owners navigate funding programs with expert support in tax planning, business advisory services, and accounting services tailored to your industry.
1. Key Business Grants in the 2025 Budget
The government’s focus this year is on sustainability, workforce development, and business productivity. Key support measures include energy efficiency grants, asset deductions, industry-specific funding, and wage support for apprenticeships.
These incentives are available across a range of industries, from construction to agriculture and clean energy. Many are designed to reduce operational costs, improve infrastructure, and stimulate economic growth.
2. Energy Efficiency Grants for SMEs
One of the most valuable opportunities is the new energy efficiency grant of up to $25,000 for small and medium businesses. These grants can help fund:
- Replacement of outdated heating or cooling systems
- Upgraded refrigeration and lighting systems
- Improved insulation of windows to reduce energy loss
The aim is to support businesses in becoming more energy efficient, which not only lowers long-term costs but also aligns with Australia’s sustainability targets.
Eligibility: You must meet specific criteria related to turnover, business size, and type of upgrade. Applications will open soon, so it’s best to prepare early.
3. Small Business Energy Bill Relief
The government is continuing the energy bill relief program, offering up to $150 to eligible small businesses. This relief is automatically applied to your electricity bill if your business is registered as a small customer with your energy provider.
There’s no application required—just ensure your business details are correctly listed with your utility provider.
4. Apprenticeship and Construction Incentives
The 2025–26 Budget includes over $600 million in funding to boost the construction and clean energy sectors through training and apprenticeships. Notably:
- Eligible apprentices can now receive up to $10,000 in payments (up from $5,000)
- Employers may receive wage subsidies or financial support for hiring apprentices in priority areas
This incentive is aimed at addressing skills shortages and supporting businesses involved in housing, infrastructure, and clean energy projects.
5. Instant Asset Write-Off Extension
The government has extended the $20,000 instant asset write-off for another year. This means eligible businesses can continue to immediately deduct the full cost of assets purchased under the threshold.
Criteria:
- Assets must be under $20,000
- They must be installed and ready for use by 30 June 2025
- The business must have an annual turnover under $10 million
This incentive is designed to encourage investment in tools, equipment, and machinery that support business growth.
6. Industry-Specific Incentives
Several targeted incentives have also been announced for key industries:
Manufacturing & Clean Energy:
- Grants and credits for businesses investing in green technology or sustainable production methods
Agriculture, Fishing & Forestry:
- $45 million in funding to improve exports, modernise operations, and strengthen supply chains
Technology & Innovation:
- R&D support may be available for businesses investing in new technologies or digital systems
These incentives are designed to encourage innovation, sustainability, and long-term competitiveness.
7. How to Check Your Eligibility
Before applying for any grant, it’s important to confirm your eligibility. Common requirements include:
- Valid ABN and GST registration
- Accurate ASIC records and Director IDs
- Compliance with ATO lodgement and tax obligations
Your business structure—whether you’re a sole trader, company, or partnership—may also affect which grants you can access.
8. How to Apply: Grant Application Tips
When applications open, demand for grants is often high. To improve your chances of success:
- Prepare documentation early (financial reports, quotes, and business plans)
- Stay informed on opening dates and submission deadlines
- Make sure all your registrations and lodgements are current
Working with an experienced Tax Advisor can make the application process smoother and help you avoid costly mistakes.
The grants and incentives in the 2025–26 Federal Budget offer significant benefits to businesses that act early. From lowering energy bills to supporting apprenticeships and asset investment, there are many ways to take advantage of these opportunities.
If you’re unsure which grants apply to your business or how to prepare an application, consider reaching out to a trusted advisor.
Need Help Navigating Business Grants?
Every business has different needs and eligibility conditions. If you’re seeking clarity on what support is available to you, RV Advisory Group offers professional guidance in tax accounting, business planning, and grant application support.
Business owners who want to take full advantage of the 2025–26 Budget opportunities can reach out to RV Advisory Group for tailored support. The team provides professional assistance with tax planning, business grants, and ongoing compliance. To learn how these incentives can benefit your business, contact RV Advisory Group by calling 0420 661 881 or emailing [email protected].