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 […]
2017 Federal Budget – How will it affect superannuation?
The Budget was handed down on Tuesday 9 May 2017. Gone is the mantra of debt and deficit. First home savers, downsizers and small business are winners in Treasurer Scott Morrison’s second Budget – while taxpayers face an increase in the Medicare levy. The Treasurer has focused on fairness, security and opportunity; a ‘practical budget’, […]