2024 Federal Budget Summary
Jim Chalmers delivered his third Federal Budget on 14 May 2024, forecasting to deliver a surplus of $9.3 billion for this financial year. Read the summary here.
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federal budget summary
2023-24 Federal Budget Summary
Summary of tax and superannuation measures On Tuesday, 9 May 2023, Treasurer Jim Chalmers handed down the 2023-24 Federal Budget, his 2nd Budget, which follows the October 2022 Budget. Here are the tax-related measures announced. Tax-related measures for small business The Government will temporarily increase the instant asset write-off threshold to $20,000 from 1 July
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Federal Budget 2022-2023 Business Impact
2022/23 Budget The 2022/23 Budget was handed down on Tuesday, 25 October 2022, by the government. The Budget estimates an underlying cash deficit of $36.9 billion for 2022-23 (and $44bn for 2023-24). While the economy is expected to grow by 3.25% in 2022-23, it is predicted to slow to 1.5% for 2023-24, a full percentage
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