Interesting elements to the budget will help boost the New England's businesses in ways outside of previously announced incentives.
Called the most important budget since WWII, its revelation saw some come out better off than others - and business owners were at the top of the list.
Many elements of the budget were welcomed by New England's Business NSW regional manager Joe Townsend.
"Certainly very happy right now," Mr Townsend said, moments after the 7.30pm reveal.
"The budget really identifies that there is going to be job and business support in the COVID recovery, and there were things in there that had been called for by the business community in the lead up."
The centerpieces: the major reforms for extended asset write off and the new JobMaker program to subsidise wages.
"Temporary full expensing - allowing any business with turnover up to $5 billion to deduct the full cost of eligible depreciable assets - will provide a massive boost, delivering $26.7 billion in business tax relief," he said.
"More importantly it will incentivise investment, bringing forward economic activity to support our recovery."
JobMaker Hiring Credit will be available to employers for each new job they create over the next 12 months when they hire an eligible young person.
Mr Townsend was also interested and pleased to see that the government had put aside money for the deregulation of farm exports, as well as a focus on recycling infrastructure.
The budget is delivering $328 million in the Busting Congestion for Agricultural Exporters Package.
It's hoped this suite of reforms will modernise Australia's export systems by slashing red-tape and streamlining regulation and service delivery for our farmers.
The Government is building on its existing investment in water infrastructure projects with an additional $2 billion in funding for projects through the National Water Infrastructure Development Fund.
This long-term focus will help identify and build the dams, weirs, pipelines, water recycling plants and other projects that will deliver the National Water Grid.
"We are seeing a bit of focus in our towns like Tenterfield, a modernising of recycling infrastructure. To help in that aspect and help reduce waste, that will be a real positive for our region," he said.
"This budget has provided confidence for the future economic trading conditions, and businesses should relish in this, make forward plans so we can see the government's intention come to fruition in the near term."
To read about the full winners and losers in this year's budget here.