The 2019-2020 Federal Budget (Budget) has been delivered with Treasurer Josh Frydenburg announcing a ‘back in the black’ Budget, supporting a stronger economy and secure future for Australia.
Frydenberg’s first Budget focuses on reducing the tax burden for the majority of working Australians, greater superannuation flexibility for retirees and a one-off energy relief payment for eligible income support recipients.
The changes have been outlined in our Federal Budget Summary, as well as the key highlights around:
- Social Security
- Aged Care.
If you have any questions in relation to the 2019 Budget or would like more information on how it may affect you, please give us a call on 03 5434 7600.