May Federal Budget


The 2018/19 Federal Budget is just around the corner (8 May 2018, 7:30 AEST).

With a little more than expected in the coffers, it will be interesting to see if the Government decides to spend the excess (through company tax cuts and additional services) or reduce debt (and bring forward the projected surplus, currently three years away).

Of course, the banks and AMP have not done themselves any favours, weakening the argument for a large company tax cut at a time when the general public actually favours debt reduction. Interesting times.

Either way, we'll be there to inform our private clients of any important developments, including a detailed, written analysis and summary.

Rick Maggi