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Federal Budget Analysis 2013

In our Budget analysis, we summarise the key features announced last night. As in every other year, the Budget will have a positive or a negative impact on different individuals or households in Australia.

Budget at a glance:

1. Rise in budget deficit as tax revenue drops sharply

2. Big ticket commitments for disability, education and infrastructure

3. Superannuation and retirement changes

4. Clamp down on multi-national tax minimisation schemes

The government is planning deferrals and cuts in spending, plus tax changes aimed at multi-national corporations, to target a return to budget surplus by 2016–17.

You can read more of our Federal Budget analysis online here. *

Or if you prefer a PDF click here.

If you would like to talk about how this Budget affects you, don't hesitate to call us. In the meantime, we hope you find this analysis useful and informative.

Kind regards,

Kurt Best
General Manager
Phillipsons.com.au

 

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