On Tuesday 2nd April 2019, the Government handed down the 2019-2020 Federal Budget.
The focus of this budget is a plan for a stronger economy and securing a better future. From a financial planning and wealth perspective this is positive news and the changes are minimal compared to prior years, not to mention largely positive in nature.
We have provided a brief budget summary which further explains the budget, discusses the changes and implications.
Please remember that these changes are proposals and may or may not be made into law.
The summary can be found here.
We hope that you find the attached article informative and if you have questions or concerns regarding your personal circumstances please do not hesitate to contact us on 02 6621 8544.