2025-26 Federal Pre-Budget Submission by MYOB

This document is a pre-budget submission from MYOB for the 2025-26 Federal Budget, addressing the challenges and opportunities faced by Australian small and medium-sized enterprises (SMEs). The submission outlines the resilience of SMEs in Australia, which number over 2.5 million and employ more than 5.4 million people, contributing significantly to the economy. It presents recommendations in three key areas: optimizing the tax system for SMEs, enhancing productivity growth through this sector, and preparing SMEs for the digital future. The document emphasizes the importance of government support in driving productivity and economic growth, particularly through investments in information and communication technology. It also highlights the current economic outlook for SMEs, noting concerns about profitability and cash flow, and the need for targeted initiatives to assist these businesses in navigating economic challenges. The submission aims to catalyze discussions on policies that can support and invigorate the SME sector.