HomeNewsFederal Budget

  • Budget 2018: How the income tax cuts will affect you

    • 08/05/2018
    • Posted by: Hostify Support
    • Category: Economics, Federal Budget, Legislation
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    The government announced a seven-year Personal Income Tax Plan in it’s budget What’s changing? After weeks of speculation, treasurer Scott Morrison has confirmed a range of income tax cuts for Australian workers in tonight’s federal budget under a seven-year Personal Income Tax Plan. The plan will provide immediate tax offsets to working Australians, and will

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  • Cash Rate Unchanged – Economic Update

    • 04/04/2018
    • Posted by: Nick Lucey
    • Category: Economics, Federal Budget, International, Legislation
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    At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. the full statement can be found here, or you can read the below points. Summary points The global Economy has grown and unemployment figures have decreased. All Australian States have recorded increased levels of employment. The current unemployment rate in

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  • First Home Super Saver Scheme and Downsizer Contributions

    • 12/12/2017
    • Posted by: Nick Lucey
    • Category: Federal Budget, Legislation
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    First Home Super Saver Scheme and Downsizer Contributions In the 2017 Federal Budget, two of the key proposals were assistance for first home buyers saving for a deposit and concessions for elder Australian’s downsizing their homes. These two bits of legislation have been debated through out the year and a bill has finally passed on

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