From 1 July, eligible small businesses will be able to receive an upfront discount of around 30% on the cost of installing a battery.

This will give every small business a chance to access cheaper, cleaner solar energy around the clock while keeping energy bills down for good.

Every local small business will receive an additional $150 in Energy Bill Relief with Labor’s energy bill rebates extended until the end of 2025.

These rebates will be automatically applied to businesses electricity bills and come on top of previous rebates which have been rolled out across the previous 12 months.

Labor is also extending the $20,000 Instant Asset Write Off through to 1 July 2026, supporting businesses looking to invest in eligible assets to help them grow and thrive in the current economy.

Eligible assets include new tools for tradespeople, coffee machines for cafes, cameras for a photography business and other office equipment.

QUOTES ATTRIBUTABLE TO FEDERAL MEMBER FOR BENDIGO, LISA CHESTERS MP: 

“Labor is committed to supporting local small businesses this new financial year.

“The impact energy bills can have on a small business cash flow is one of the issues that local small businesses raise with me.

“Our Energy Bill Relief provides short term assistance while our Cheaper Home Batteries Program empowers businesses to power themselves, keeping bills down in the long term.

“Extending the $20,000 Instant Asset Write Off will help our local small businesses invest in themselves. It allows these businesses to become more productive and helps secure their future.

“Our measures, along with the State Labor Government measures like slashing payroll tax demonstrate that Labor is listening to local small businesses.”