The 2024/25 Federal Budget was announced on 14th May 2024 with the stated aim to assist with cost-of-living pressures and stimulate growth over the long-term. There were no surprises given most of the spending initiatives and tax cuts were flagged prior. A few of the more relevant points to consider in the upcoming 12 months […]
The former government legislated three stages of personal income tax cuts commencing FY19 with the final stage to commence 1 July 2024 unless the Albanese government legislates to overturn this which we believe would be a politically unattractive move. The changes will have a positive impact for many Australians and we will discuss the impact […]