The 2019 Federal Budget has been handed down and it is an interesting situation we find ourselves in.
With a Federal Election pending it would appear that Scott Morrison and Josh Frydenberg’s first budget is one to go to an election with.
The key measures announced being:
- Tax cuts focusing on low and middle income earners
- Significant Infrastructure spending
- Energy payments subsidies
- Superannuation changes to the age eligibility for making contributions
- A return to a Budget Surplus after 10 years
- Immediate write off for certain assets the threshold will increase to $30,000 for certain businesses
- Tax cuts focusing on low and middle income earners
- Significant Infrastructure spending
- Energy payments subsidies
- Superannuation changes to the age eligibility for making contributions
- A return to a Budget Surplus after 10 years
- Immediate write off for certain assets the threshold will increase to $30,000 for certain businesses
