Federal Budget 2019
Under the Government’s economic plan, jobs are being created and the
budget is returning to surplus. The 2019-20 Budget reinforces
the Government’s plan to invest in Australia’s future by strengthening
the economy while keeping taxes low and guaranteeing essential
In this Budget, the Government is providing additional tax relief of
$158 billion. This is on top of the $144 billion in tax cuts legislated
in last year’s Personal Income Tax Plan. The Government is
also helping businesses reinvest, employ more workers and grow, by
increasing and expanding access to the instant asset write-off.
For more information on the budget, please view the Federal Budget Overview attached below;
In addition, if you would like to discuss any of the Federal Budget topics feel free to contact Marijana Ravlich on (08) 9322 1882.