The Treasurer, Jim Chalmers, delivered the Federal Budget 2025 on Tuesday 25 March. With a general election scheduled for 2025, this Budget was an important one, setting out the Albanese Labor Government’s financial plans for the future path of Australia. We’ve summarised the key points that may have an impact for you and your business. […]
21
May
May
Roughly 3 million eligible Australians will have their Higher Education Loan Program (HELP debt) and other student loans reduced under a cost-of-living measure announced in the lead up to the 2024 Federal Budget. Currently, the Consumer Price Index (CPI) is used to calculate the indexation rate. The proposed reduction in indexation will be backdated to […]
20
May
May
Announced in the 2024 Federal Budget as an integrity measure, are changes to the foreign resident CGT regime that will ensure foreign residents pay their fair share of tax. Commencing from 1 July 2025, these reforms aim to provide certainty to foreign investors by aligning Australian tax law closely with the OECD standards and international […]
16
May
May
The Federal Treasurer, Dr Jim Chalmers, handed down the 2024–25 Federal Budget at 7:30 pm (AEST) on 14 May 2024. Described as a “responsible Budget that helps people under pressure today”, the Treasurer has forecast a second consecutive surplus of $9.3 billion. The main priorities of the government, as reflected in the Budget, are helping […]
29
Sep
Sep
The Government has introduced new measures and released draft legislation on some important tax issues.
01
Apr
Apr
Here are the highlights from the 2022-23 federal budget, handed down by Treasurer Josh Frydenberg on 29 March 2022.
13
May
May
The Federal Budget 2021-22 is all about economic recovery, including tax cuts, business incentives and investment in training. Many changes in the budget can benefit individuals and business owners. Talk to us to find out how the changes impact you. #FederalBudget #Budget2021
05
Apr
Apr
Tax cuts and infrastructure spending are the headline items in this year’s Budget, but remember, there is an election just around the corner. The plans within this Budget will only happen if the Coalition is re-elected in the upcoming election. Small businesses earning less than $50 million a year will benefit from a fall in […]