The Federal Budget was handed down 9 May 2018. Find out what the Federal Government has in store for 2018-19. We will keep you informed as proposed changes become law.
Federal Budget 2018: Summary
Treasurer Scott Morrison’s third budget focused on further strengthening the economy to ‘guarantee the essentials Australians rely on’ and ‘responsibly repair the budget’. Tax proposals were the major focus.
The government’s promised tax cuts are coming
New income tax legislation in this year’s Budget passes in full
The government’s $140-billion tax cut plan will drastically reshape our personal income tax system. Over the long term, this means almost every Australian will have extra money in their pocket - but some more than others.
A multi-pronged package for pensioners
Choices to unlock your wealth
Two proposals in particular, may improve the financial circumstances of some pensioners.
Need more help?
Make an appointment with a financial planner to get greater clarity around the changes that matter most to you.