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2017/18 Federal Budget Report

The Budget has dominated the headlines this past week. In short, despite the wailings of the media, it’s a ‘Storm in a Teacup’ budget. Bit of extra spending here, a few more tax increases there, the continued promise of an imminent return to surplus and political opportunism at its core.

Many of you will have read the facts and figures by now, and have an understanding of the changes. This summary is not a simple reiteration of these facts.

As is customary, we try to go one step further and explain what we see as the key changes relevant to our clients. Essentially, this summary represents our view.

We trust that you enjoy reading, and we look forward to speaking with you individually about how this budget may impact your personal circumstances.