Federal Budget 2020

Originally scheduled for release on 12 May 2020, the delayed Federal Budget was released at 7:30pm on 6 October 2020, the delay having resulted from Australia’s, and indeed the rest of the world’s health and economic attention being diverted to managing the Coronavirus pandemic Last night’s Budget was a Budget for unprecedented times.

While many of the initiatives were announced ahead of the time, this is a Budget that is designed to get the economy moving, and get Australians back to work and spending money. There are tax-cuts, additional payments for pensioners, and more money to support the aged care sector. And, there is money for business and infrastructure to stimulate investment and employment.

We are pleased to provide you with our 2020 Budget Summary click to download below

Posted in Finance, Financial planning, Investment, Super.