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 […]
Tax cuts received most of the attention in the May 2018 Budget, which meant some quiet tweaks to superannuation and retirement income were drowned out in all the noise.
This year’s Budget aims to ease cost of living pressures while ensuring the nation lives within its means. While aiming for ‘fairness, security and opportunity’, the budget offers a welcome emphasis on affordability and infrastructure.