Tag Archives: Federal budget

Labor’s Federal Budget 2022-23

Key measures in the Albanese Government’s first Budget The Federal election on 21 May 2022 ushered in a Labor Government promising a better future. Disdaining the ‘all announcement, no delivery’ style of government, which was so characteristic of Scott Morrison’s government, Mr Albanese promised that if he won the election: ‘the work of building that better...
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2022 Federal Budget: People-Pleaser or Missed Opportunity?

With the upcoming federal election in May, Treasurer Josh Frydenberg has handed down what the Government considers to be a safe, ballot box friendly Budget. Labor is likely to start over if elected, meaning it is uncertain how many of these measures will ultimately come to fruition. However, we wanted to share the main initiatives with you in some detail.

Some aspects can be unclear or confusing – please don’t hesitate to contact us if we can answer any questions about items possibly affecting your business or personal finances.

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Federal budget 2021-22: spending our way back

The Federal Government has handed down its second pandemic budget, committing billions to creating jobs and bolstering essential services as Australia recovers from the effects of COVID-19. According to the Budget Papers, Australia has achieved a stronger-than-expected recovery from COVID-19. Economic output is expected to have reached pre-pandemic levels in March 2021, nine months earlier than...
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JobMaker: how your business can take advantage

The Government has released details of what it calls its “JobMaker” hiring scheme. It will take the form of a payment to employers for each new job they create over the next 12 months. It is estimated that the scheme will cost $4 billion and support about 450,000 employees. So it could help a lot...
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