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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 one year reprieve for the popular small business $20,000 instant asset write-off – will have broad appeal to voters.

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.

See all the updates in an easy to digest format here in this infographic diagram. Just click on the button to download.

 

download the infograph here 

 

Topics: Finance

Lisa Andrews

Written by Lisa Andrews

Lisa has 15 years experience specialising in C+ roles in tax , business services, software, engineering and online marketing. Her firm and long-standing belief is that she can help any business achieve their goals. Lisa founded IGNITE Alliance to share her knowledge and experience with her clients, and propel them forward using the power of accounting, technology and online marketing so they can love coming to work. Beneath the smiling exterior is a savvy business strategist, with a string of successful businesses grown, system implementations, business modelling and procedures that help you “make money while you sleep.”

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