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The personal income tax cuts legislated to commence on 1 July 2024 will be realigned and redistributed under a proposal released by the Federal Government.
Uncertainty has reigned over the last few years, but can we expect more consistency as we head into 2024? We explore some of the key issues and influences.
The ‘Santa Claus Rally’ arrived for global share markets as the long-awaited pivot in monetary policy from the US Federal Reserve arrived at its December meeting. Although the Fed kept the federal funds rate target on hold, it flagged the current..
Employers and business
- Superannuation guarantee increases to 11% from 10.5%
- National and Award minimum wage increases take effect.
- The minimum salary that must be paid to a sponsored employee - the Temporary Skilled Migration Income Threshold -..
This year's budget contained a suite of measures to clamp down on tax minimisation. There were also several other policy initiatives regarding security and immigration.
This article summarises the significant changes.
The $4.2bn surplus, the first in 15 years, stole most of the headlines in this year's Federal Budget. However, there is a range of implications of importance for individuals, families and investors.
This article provides a budget overview to help..
The 'ace in the hole' of the 2023-24 Federal Budget was the $4.2bn surplus; the first in 15 years. But there's also a range of changes and implications for business.
This article provides an overview of the budget for business owners and leaders.
The 2023-24 Federal Budget will be released on Tuesday, 9 May 2023. Look out for our update the next day on the important issues to you, your superannuation and your business.
