The Treasurer is promising that inflation will decline by 0.75% as a direct result of the 2024-25 Federal Budget initiatives including energy relief for all households, a boost to Commonwealth Rent Assistance, and the freezing of the maximum co-payment on the Pharmaceutical Benefits Scheme.
The redesigned Stage 3 personal income tax cuts explained, but beware, the impact will be less favourable than it would have been prior to the redesign.
We assess the small business measures in this year’s Federal Budget focused on jobs recovery, tax breaks and the expansion of the instant asset write-off.
JobMaker provides SME's with a credit of up to $200/wk to hire workers aged between 16 and 35. This is available for young workers who have received JobSeeker, Youth Allowance or a Parenting Payment for one of the three months before being hired.
We assess the small business measures in this year’s Federal Budget focused on jobs recovery, tax breaks and the expansion of the instant asset write-off.