BMG Financial Planning and Accounting Albury Wodonga

Federal Budget 2018

2018 Budget: Unwrapping the ‘Christmas in May’ proposed measures | 2018 Budget: PwC and the ‘Slurpee’ budget | 2018 Budget: The winners and losers

‘Christmas in May’ is the unofficial catchphrase of the 2018-19 Federal Budget (given a Federal election is on the horizon), but officially it’s being referred to by the Government as a ‘Plan for a Stronger Economy’.

Treasurer Scott Morrison outlined that the proposed measures in this year’s Federal Budget primarily focus on several key areas: tax relief to encourage and reward working Australians; keep backing business to invest and create more jobs; guaranteeing the essential services that Australians rely on; keeping Australians safe; and ensuring that the Government lives within its means.

Below we have provided you with an overview of the main proposed measures that may be relevant to you and your personal finances, and two videos we believe might be of interest if you want to know more.

Please contact us if you wish to discuss any aspects of this year’s Federal Budget or how it may affect you.

2018 Budget: Unwrapping the ‘Christmas in May’ proposed measures

Treasurer Scott Morrison delivered the 2018-19 Federal Budget on 8 May 2018. We provide you with a summary of the main proposed measures that may be relevant to you.

Read more…

2018 Budget: PwC and the ‘Slurpee’ budget

PwC Australia Economic Lead Partner Jeremy Thorpe shares his insights on this year’s Federal Budget. Front and centre is the Government’s spending and budget surplus forecasts.

Launch video…

2018 Budget: The winners and losers

As a result of the proposed measures that have come out of Treasurer Scott Morrison’s 2018-19 Federal Budget, ABC News discusses potential winners and losers.

Launch video…