The Australian Federal Election

The Australian Federal Election

The Australian Federal Election   The Federal political landscape has become somewhat less stable since the 2007 election with six changes in PM, “minority government” at times and a rise in the importance of independents. This has made sensible visionary...

Federal Budget 2018-2019

Scott Morrison’s third budget is headlined by $140 billion in tax cuts over the next decade, immediate tax relief of up to $1,060 a year for middle-income households and a fundamental reform of the tax system.   Summary of Budget measures   Note: These...

Federal Budget 2017-2018

Summary Last night the Federal Government handed down its Budget for the 2017–18 financial year. Tax measures Increase in Medicare levy from 2% to 2.5% from 1 July 2019 Owners of investment properties no longer be able to claim travel expenses to visit their...

Federal Budget 2016-2017

Summary Tax measures The income tax threshold at which the 37% tax applies will increase to $87,000 p.a. on 1 July 2016, from the current $80,000 p.a. The tax rate for small business companies will reduce to 27.5% for businesses with a turnover up to $10 million in...