2019 Federal Budget - Economy
While the deficit for this year is expected to be $4.2bn, the Treasurer announced return to surplus of some $7.1bn estim...
Last year we introduced the budget as a pre-election budget so this year’s we will have to refer to as an "Election Eve” budget. This morning’s breakfast television summed the sentiment of the reception from all the top Australian news agency as "warm”, there were no "cool” receptions, which the Treasurer Mr. Frydenberg would have to be pleased with on his debut budget.
As to whether it is enough to win the Coalition the election, we will all just have to wait and see; the only thing we can be sure of is that, that was the primary focus of this budget. There is certainly plenty of cash being poured into the marginal battleground seats via massive increases to infrastructure stimulus in regional Australia as well as Urban "congestion busting”, relief for disaster affected primary producers as well as the personal income tax cuts being spread across middle income Australia.
Check out our 2018 budget summaries:
BusinessThere is no better advertisement campaign that is low cost and also successful at the same time.
While the deficit for this year is expected to be $4.2bn, the Treasurer announced return to surplus of some $7.1bn estim...
New Tax Cuts The Government has introduced new immediate tax relief for low-and-middle‑income earners of up to $1,080 fo...
Small and Medium Business Instant Asset Write Off increased to $30k The instant asset write off has again been extended ...