The following are all the links to the federal government's description of its 2023 Budget. At the bottom are the Budget Documents for those that love to get into the fine detail of a Budget.
Overview of the Federal Budget 2023 – 24
Month: May 2023
2023 Federal Budget: Stronger foundations for a better future
‘Seeing our people through the hard times – and setting our country up for a better future’
“While Australia may have a lot coming at us – we have a lot going for us too” – Dr Jim Chalmers, 2023-2024 Federal Budget Speech.
Our investment and economic forecasts, April 2023
Our latest forecast changes include expectations for:
The importance of SMSF succession planning
Preparing for loss of capacity or death is vital for SMSF members. It's important to ensure your trust deed is watertight.
ATO warns of rise in SMSF identity fraud and investment scams
The ATO has warned SMSF members to be aware of identity fraud and investment scams.
Banks launch scam awareness campaign
The new campaign highlights the importance of customer alertness against criminal activity by scammers.
Unintended consequences of work test changes to be rectified
New draft legislation to the work test mean impacted individuals will retain their ability to claim deductions for personal contributions post 30 June 2022, says a leading adviser.
Preparing for EOFY tax scams with business and cyber resilience
Every end of financial year (EOFY) season involves a rush by Australians wanting to get their tax returns completed. Increasingly, though, this period is seen as an opportunity for bad people to take advantage of us.
Legal Considerations Around Recording Customers Who Enter My Business
As a business, you may consider installing video surveillance on your premises to discourage theft or ensure the safety of your customers and personnel. However, your business may suffer significant legal implications if you do not adhere to legal requirements around filming or recording customers that enter your store.