Last Tuesday was “budget night”. The Federal Liberal Government used this opportunity to promote their tax policies leading into the upcoming election. We have a summarized Budget Alert available to download here.
Then, last Thursday, the Labor Opposition leader Bill Shorten provided a “budget reply”. This was particularly interesting because the opinion polls currently suggest that Labor will win the upcoming federal election. There is a clear division between the major political parties’ policies, which could see you pay more or less tax!
For your benefit, we have published a blog summarizing Federal Labor’s key tax policies here.
Please reach out to us if you wish to explore how these policies may impact you.