Treasurer Josh Frydenberg’s first Budget focuses on reducing the tax burden for the majority of working Australians, greater superannuation flexibility for retirees and a one off energy relief payment for eligible income support recipients. To read further, download the 2019 Federal Budget … [Read more...]
Federal Budget 2018
Scott Morrison’s third budget is headlined by $140 billion in tax cuts over the next decade, immediate tax relief of up to $1,060 a year for middle-income households and a fundamental reform of the tax system. 2018 Federal Budget Summary Key measures include: From 1 July 2018 Low and middle … [Read more...]
Federal Budget 2017
First home savers, downsizers and small business are winners in Treasurer Scott Morrison’s second Budget – while taxpayers face an increase in the Medicare levy. 2017 Federal Budget Summary Key measures include: Individuals aged 65 or older will be able to make non-concessional (after-tax) … [Read more...]
Federal Budget 2016
The Treasurer, the Hon Scott Morrison, handed down his first Federal Budget, stating that this was not just a budget but an economic plan for the future. The winners are low and middle income earners, unemployed youth and small business, and there are significant changes to superannuation. Indeed … [Read more...]
Federal Budget 2015
The Coalition Government’s second Federal Budget proposed some important changes, particularly for families, retirees and small business owners. 2015 Federal Budget Summary The key initiatives in this year's Federal Budget are: Many lower income young families will benefit from greater … [Read more...]