Posts Tagged ‘federal budget’
Federal Budget Wrap 2023-24
Treasurer, Jim Chalmers, delivered the 2023-24 Federal Budget last night, where the Government has outlined a raft of measures which aim to strike a “considered, methodical balance” between fiscal restraint and supporting Australians through the current difficult times. The Government has announced a small surplus of $4.2 billion this financial year, the first in 15…
Read MoreFederal Budget – the biz and finance wrap
By now, we’re all familiar with the political rhetoric around ‘tightening our belts’ to recover the $36.9 billion Federal Budget deficit and survive higher cost of living. The recently announced budget suggests that resource prices, taxes and low-unemployment are crucial to economic recovery. Read on to discovery how those budget themes will impact SME’s. A…
Read MoreNew Income Tax cuts by 16 November
The Federal Government announced income tax cuts for working Australians in the 2020 Federal Budget. The cuts must be included in any pay runs processed from (no later than) 16 November 2020, giving millions of Australians a few extra dollars in their bank account each week. Employers need to make sure they’re passing it on.…
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