Last night, Federal Treasurer Jim Chalmers handed down his first Labor Government Federal Budget, which primarily delivered on key election commitments in childcare, aged care, university and vocational education places and lowering prescription costs. Below is a quick overview of highlights for business owners and individuals, as well as a link to download our full Federal Budget October [...]
On Tuesday night, Federal Treasurer Josh Frydenberg handed down the 2022–23 Federal Budget, which puts forward a number of measures aimed at addressing cost of living pressures and boosting investment in innovation and employee skills. Below is a quick overview of highlights for business owners and individuals, as well as a link to download our full 2022-23 Federal [...]
On Tuesday night, Treasurer Josh Frydenberg handed down the much anticipated 2021/22 budget. Here is a quick overview of what’s in it for business owners and individuals: Business owners will be pleased to see that various popular business measures introduced in last year’s budget have been extended by another year. These include the full expensing [...]
Last night Treasurer Josh Frydenberg handed down the much anticipated 2020/21 budget. Here we provide a summary that outlines tax cuts and offsets for individuals and details of business incentives and tax measures. These proposals include an extension of the Instant Asset write off, a JobMaker Hiring Credit scheme and extended apprenticeship wage subsidy [...]
The 2019-20 Federal Budget contains few surprises. The major – and widely expected – initiative is an extension of the Government’s personal income tax cuts from those announced in the 2018-19 Budget which match and raise the more generous benefits which Labor announced in response to the Government’s previous measures: at a cost of $5.7 billion [...]
The Government has delivered a pre-election Budget which returns the bottom line to a modest surplus in 2019-20, a year ahead of last year's forecasts. While the Budget contains few surprises, as always there is a wealth of detail that had not been foreshadowed. Our concise Budget report summarises key matters... View / Download Budget [...]
