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:
- Taxation
- Superannuation
- Social Security
- Aged Care.
CLICK HERE TO VIEW THE BUDGET SUMMARY
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.