18/11/2020

The NSW budget champions a business-led recovery, supporting businesses to grow, invest and create jobs in their local communities.  Highlights for Business Payroll tax thresholds and cuts:  The payroll tax threshold will be increased to $1.2 million with the rate of payroll tax lowered from 5.45 to 4.85 per cent for the next two years.…

7/10/2020

We were quietly hoping for something really ground-breaking with this year's budget. Given all that has happened this year the government were in a strong position to deliver some (desperately needed) tax reform and provide some vision for a better Australia.  As Churchill stated: “Never let a good crisis go to waste”. This budget has…

23/7/2020

Key points An additional $2 billion announced for the RIC’s drought-related loansApplications for interest-free loan terms will close 30 SeptemberApplications received after 30 September will still have record low interest ratesAgriStarter Loan applications will open from 1 January 2021An additional $50 million in RIC operational funding to deliver more loans The additional funding is in…

9/5/2017

  Budget Summary 10 May 2017  Peter Debus 2017-18 Federal Budget: $29.4bn deficit in 2017-18; working towards a surplus of $7.4bn in 2021 on the back of an improving economy; housing affordability package; increased Medicare levy and bank tax; substantial infrastructure program including inland rail project and regional infrastructure. Overview This Budget continues the intent…