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12 May 2021
On 11 May 2021, the Government handed down the 2021/22 Federal Budget. Whilst this marked a return to the traditional timing of the budgetary processes, the content of the 2021/22 Budget continues to remind us that our economy and way of life has still not returned to full normality post the events of COVID-19. Here is an overview on the announcement.
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12 May 2021
Federal Treasurer, Mr Josh Frydenberg, handed down the 2021/ 22 Federal Budget at 7:30 pm (AEST) on Tuesday, 11 May 2021. With the virus still a threat to the global and domestic economy, the Budget contains various measures to support businesses and individuals with job creation, incentives, tax relief, and superannuation changes. The tax highlights are set out in this post.
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12 May 2021
Federal Treasurer, Mr Josh Frydenberg, handed down the 2021/ 22 Federal Budget at 7:30 pm (AEST) on Tuesday, 11 May 2021. With the virus still a threat to the global and domestic economy, the Budget contains various measures to support businesses and individuals with job creation, incentives, tax relief and superannuation changes. The superannuation highlights are set out in this post.
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12 May 2021
Federal Treasurer, Mr Josh Frydenberg, handed down the 2021/ 22 Federal Budget at 7:30 pm (AEST) on Tuesday, 11 May 2021. With the virus still a threat to the global and domestic economy, the Budget contains various measures to support businesses and individuals with job creation, incentives, tax relief and superannuation changes. The aged care and social security highlights are set out in this post.
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7 October 2020
Federal Treasurer, Mr Josh Frydenberg, handed down the 2020/ 21 Federal Budget at 7:30 pm (AEDT) on Tuesday, 6 October 2020. Australia’s economic response to the COVID-19 pandemic in the form of the original and extended JobKeeper scheme, the cash flow boosts, and the enhanced JobSeeker payment has come at a significant cost, Mr Frydenberg said, resulting in a budget deficit of $213.7b, falling to $66.9b by 2023/ 24. Here is an overview on the announcement.
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7 October 2020
Federal Treasurer, Mr Josh Frydenberg, handed down the 2020/ 21 Federal Budget at 7:30 pm (AEDT) on Tuesday, 6 October 2020. Australia’s economic response to the COVID-19 pandemic in the form of the original and extended JobKeeper scheme, the cash flow boosts, and the enhanced JobSeeker payment has come at a significant cost, Mr Frydenberg said, resulting in a budget deficit of $213.7b, falling to $66.9b by 2023/ 24. The tax highlights are set in this post.
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7 October 2020
Federal Treasurer, Mr Josh Frydenberg, handed down the 2020/ 21 Federal Budget at 7:30 pm (AEDT) on Tuesday, 6 October 2020. Australia’s economic response to the COVID-19 pandemic in the form of the original and extended JobKeeper scheme, the cash flow boosts, and the enhanced JobSeeker payment has come at a significant cost, Mr Frydenberg said, resulting in a budget deficit of $213.7b, falling to $66.9b by 2023/ 24. The superannuation highlights are set in this post.
Read more ▻
7 October 2020
Federal Treasurer, Mr Josh Frydenberg, handed down the 2020/ 21 Federal Budget at 7:30 pm (AEDT) on Tuesday, 6 October 2020. Australia’s economic response to the COVID-19 pandemic in the form of the original and extended JobKeeper scheme, the cash flow boosts, and the enhanced JobSeeker payment has come at a significant cost, Mr Frydenberg said, resulting in a budget deficit of $213.7b, falling to $66.9b by 2023/ 24. The social security highlights are set in this post.
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16 April 2019
By John Barton
In the past, lack of reliable information was traditionally the main challenge when it came to making decisions. This was true in most areas of life - especially with personal finance and investing. But we’ve come a long way in the last 20 years. Now, our challenge is reversed - we have too much information.
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2 April 2019
The Federal Treasurer, Mr Josh Frydenberg, handed down the 2019/20 Federal Budget at 7:30 pm (AEDT) on 2 April 2019. The budget focuses on “restoring the nation's finances”, further strengthening the economy to create more jobs and to “guarantee the essential services”. The tax highlights include...
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2 April 2019
The Federal Treasurer, Mr Josh Frydenberg, handed down the 2019/20 Federal Budget at 7:30 pm (AEDT) on 2 April 2019. The budget focuses on “restoring the nation's finances”, further strengthening the economy to create more jobs and to “guarantee the essential services”. The superannuation highlights include...
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2 April 2019
The Federal Treasurer, Mr Josh Frydenberg, handed down the 2019/20 Federal Budget at 7:30 pm (AEDT) on 2 April 2019. The budget focuses on “restoring the nation's finances”, further strengthening the economy to create more jobs and to “guarantee the essential services”. The social security highlight include...
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8 May 2018
Mr Scott Morrison, the Federal Treasurer, handed down his third Budget on 8 May 2018. Mr Morrison said the Budget is focused on further strengthening the economy to “guarantee the essentials Australians rely on” and “responsibly repair the budget”. The Budget contains a range of measures intended to ensure the integrity of the tax and superannuation system. The super highlights include:
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8 May 2018
Mr Scott Morrison, the Federal Treasurer, handed down his third Budget on 8 May 2018. Mr Morrison said the Budget is focused on further strengthening the economy to “guarantee the essentials Australians rely on” and “responsibly repair the budget”. The tax highlights include...
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8 May 2018
The 2018-19 Budget includes a big increase in the number of aged Care Home Care packages, to enable older people to receive increased services in their home rather than in residential aged care. It also includes a number of initiatives designed to encourage older people to remain engaged in the workforce, including changes aimed at older small business owners.
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10 April 2018
By David Lloyd
In the May 2017 Federal Budget announcement, new legislation was introduced whereby those aged 65 and over will be able to contribute an additional $300,000 into their superannuation upon the sale of their primary residence. These payments are referred to as ‘downsizer’ contributions...
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