EOFY Australia 2025: Business preparation checklist for tax time success
13 essential steps to streamline EOFY and prepare your R&D Tax Incentive (R&DTI) claim The June 30th end of the financial year (EOFY) is almost upon us, meaning now is…
The Australian business landscape is experiencing a significant surge in entrepreneurial activity, with 97% of all businesses classified as small businesses according to the Australian Small Business and Family Enterprise Ombudsman (ASBFEO). This shift reflects a broader trend where innovation, adaptability, and strategic funding are essential for business growth regardless of size or industry.
As we move into a new financial year (FY26), small to medium-sized enterprises (SMEs) must proactively secure funding, embrace AI, and adapt to emerging market trends to stay competitive. Whether you’re launching a startup, scaling an existing business, or investing in digital transformation, understanding available resources is crucial.
This guide provides expert insights into the most relevant business strategies, funding opportunities, and industry trends shaping the next financial year. From R&D Tax Incentive (R&DTI) and business grants to AI-driven efficiency and industry-specific funding, we’ve compiled the most critical tips to help your business succeed in the next 12 months.
Let’s start with the trend topic of the moment: AI and automation are becoming essential growth drivers for SMEs, and businesses that embrace them will gain a competitive edge.
According to the Tech Council of Australia, AI is expected to be the defining technology trend in 2025, with business leaders increasingly viewing it as a key driver of operational efficiency and cost savings. Additionally, the Australian Parliament has highlighted AI and automated decision-making as crucial for boosting productivity and economic growth.
FundFindrs Tip | SMEs can benefit from AI & automation by using:
Did you know? There are several government-backed grants and incentives for businesses investing in AI, automation, and digital transformation, making now the perfect time to explore those funding options.
There are thousands of grants available for SMEs across various industries in Australia. Whether you’re in technology, manufacturing, renewable energy, or agriculture, securing the right funding can accelerate business growth.
FundFindrs Tip | Examples of Grants and Tax Offset Programs to watch:
From 1 of July, the NSW Government will be reopening applications for its MVP Grant, supporting startups and innovative SMEs who aim to commercialise new and highly innovative products. Eligible businesses can receive up to $50,000 until the available funding is exhausted.
The R&D Tax Incentive remains one of the most valuable funding sources for Australian SMEs, offering a tax offset of up to 43.5% for eligible R&D expenses. This program is crucial for businesses investing in innovation, product development, and scientific advancements.
Aligning your business with emerging industries receiving strong government investment can improve funding eligibility and open new growth opportunities in the upcoming financial year.
FundFindrs Tip | Key sectors to drive business success in FY25-26:
In an economic climate marked by rising interest rates, inflation, and market volatility, SMEs must take a proactive approach to financial resilience. A strong financial position not only ensures business stability but also improves eligibility for grants and investment.
Cash flow stability isn’t just about survival — it’s about creating the capacity for growth, innovation, and long-term sustainability.
FundFindrs Tip | Top strategies for cash flow stability and building financial resilience:
Industry associations and business networks play a critical role in connecting SMEs with funding opportunities, mentorship, and strategic partnerships. Many awards and funding programs give preference to businesses that demonstrate industry involvement, making these connections highly valuable. Beyond financial benefits, being part of a strong business network provides insights into industry trends, regulatory updates, and collaboration opportunities.
As FY26 brings increased competition for grants and funding, along with new government-backed initiatives, SMEs with strong industry ties will have a strategic advantage. Engaging in these networks can open access to exclusive funding streams, provide early insights into regulatory changes, and position businesses as key players in their sectors, making them more attractive to investors and grant providers.
FundFindrs Tip | How to maximise industry connections:
A robust digital presence is no longer optional: it’s essential for securing grants, attracting investors, and growing your customer base. According to Google, 88% of consumers research businesses online and read reviews before making purchasing decisions.
Now more than ever, a well-optimised digital footprint can improve discoverability, enhance brand authority, and position your business for greater success in a competitive landscape.
FundFindrs Tip | Key steps to strengthen your online presence:
Being recognised with a business award is more than just a badge of honour: it’s a strategic tool for accelerating your business. Winning an award can significantly boost business visibility, leading to increased partnerships, customer trust, and revenue growth. If you’re serious about expanding in this new financial year, FundFindrs can help position your business for awards recognition and success.
FundFindrs Tip | How we can help you build winning awards submissions:
At FundFindrs, we’re here to support your business through every stage of growth. From securing grants and maximising your R&D Tax Incentive claim to managing award submissions and identifying the right funding opportunities, our expert team has you covered. Explore our full range of services designed to help you grow, innovate, and strengthen your financial position in FY26 and beyond.