There is nothing in the 2022-23 Federal Budget 2.0 that will create a UK style crisis. The stage 3 tax cuts legislated to commence on 1 July 2024 are not mentioned, and most funding initiatives appear to be a reallocation of previous Government initiatives.

Treasurer Matt Kean has announced a budget with a series of measures to address key cost of living pressures as well as reforms in areas such as housing affordability, childcare accessibility and education performance to boost productivity and workforce participation and underpin demand in the economy.

The latest edition of our monthly newsletter covering a range of topics including details on regulatory changes that may impact you.

The 2022/23 Budget is a classic pre-election document, seeking to settle Australian’s nerves around the current cost of living. There are also a raft of new announcements that directly benefit small businesses and encourage investment in employee skills and business digitalisation.

The latest edition of our monthly newsletter covering a range of topics including details on regulatory changes that may impact you.

On Tuesday night, the Federal Budget was handed down in Canberra. Like many others, we tuned in to find out how the Government will support small businesses and their advisors, as the economy continues to recover from the impact of the pandemic. Here is our summary of the announcements.

Here is what has been ammounced so far in regards to JobMaker. Things can change as it has not been legislated yet, but the main features are as follows;

The government have released their delayed budget aimed at driving employment and resparking the economy. Full details are here.

The Government has announced a $17.6 billion investment package to support the economy as we brace for the impact of the coronavirus.