The Federal Government has announced its Budget for 2017-18, and Chartered Accountants ANZ believe this budget indicates that the government is in a state of readiness for an earlier than expected Federal Election.
The pre-Budget announcement of needs-based school funding – together with big bets on infrastructure, the removal of the Medicare rebate freeze, a crackdown on non-residents investing in Australian real estate and a
Overall Chartered Accountants ANZ are pleased with the superannuation measures announced, which demonstrate the need for a comprehensive review of the financial arrangements impacting on retirement - particularly superannuation, taxation, aged care and social security - to ensure that the whole system is fair, sustainable and fit for the long-term.
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