About this Submission

Business NSW welcomes the opportunity to provide a pre-Budget submission ahead of the 2025- 26 Federal Budget. This submission outlines the economic conditions facing businesses in NSW and recommends funding and policy initiatives aligned with member priorities.

The top priority areas are:

• Access to skills and labour
• Tax reform (with a focus on company tax rates)
• Red tape
• Energy (managing energy costs and supporting the transition to net zero)
• Cost of insurance
• Productivity

As we approach the 2025 Federal Election, this Budget presents a pivotal opportunity to address ongoing macroeconomic challenges.

We urge all levels of government to advance skills and tax reforms, provide support for businesses navigating the energy transition, maintain a strong infrastructure pipeline, and revive discussions on high-speed rail.