The Budget

The Budget in a few words:

  • Positives for small business with reduced tax rates
  • Superannuation will become less attractive, especially for high income earners and those in retirement with large amounts in super.
  • A tax cut for those earning over $80,000 p.a.
  • It will be years before the budget is in surplus.

In short, not too much to get excited about!

 

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