Federal Budget
Your Federal Budget summary
11 May
The Federal Budget at a glance Budget deficit of $13.9 billion in 2023/24 Commonwealth net debt to rise to $574.9 billion (22.3 per cent of GDP) in 2023/24 Economic growth to fall to 1.5 per cent in 2023/24 Unemployment rate to rise to 4.25 per...[Read More]
Welcome to our November “Keeping in Touch”
1 November
We hope that you and your families are well. Much of this month’s news is related to the Budget, which aims to help with the expected slowing of the economy. The sharemarkets have already priced in much of the expected downturn in the economy,...[Read More]
Budget good, but more needed: business
27 October
Peak business groups have hailed the Albanese government’s first budget as careful and cautious, but warn hard work lies ahead to shore up the economy. Business Council chief Jennifer Westacott said the Labor economic blueprint made the...[Read More]
Billions set aside for aged care reforms
26 October
Long-awaited aged care reforms are set to be delivered thanks to a multi-billion dollar boost. The federal budget shows $2.5 billion will be spent over the next four years to ensure all aged care facilities have a registered nurse onsite around the...[Read More]
Treasury 2022/23: Four year budget economic forecasts
26 October
Economic growth over the four years to 2025/26 is likely to be slower than predicted ahead of the May federal election, due to global challenges, high inflation and higher interest rates. KEY ECONOMIC FORECASTS IN 2022/23 BUDGET GDP (real, versus...[Read More]
Treasury to report on wellbeing progress
26 October
Australians will soon be able to see in fine detail how the nation is making progress on everything from women’s safety to a cleaner environment. Treasury is working on a report – to be known as the Measuring What Matters Statement...[Read More]
A 2021 Budget Update from Financial Springs
12 May
Attached is a good summary of the budget highlights, without the politics. I've highlighted the points that stand out as most important to our clients and your families. Some points: It's been suggested that the extra home care packages...[Read More]
Welcome to our April “Keeping in Touch”
2 April
Much of tonight's budget has already been revealed. Apart from the obvious affects it has on our lives and plans, it's a window into the needs of different parts of Australia. The Yellow crazy ant problem in North Queensland sounds like an issue I'm...[Read More]