Budget 2015/16 – at a glance
On Tuesday night, 12 May 2015, the Federal Government handed down the Budget for the 2015/16 year.
Key announcements include:
- reforms to the age pension assets test
- a families support package with a focus on childcare and
- a suite of measures to support small business, including tax cuts and increased depreciation allowances.
The Budget announcements are still only proposals at this stage until legislation passes through Parliament and receives Royal Assent.
Please note: the Budget contains a number of proposed measures that may impact you or your business.
To find out what the recent Budget may mean for you, simply click here
Budget 2015/16 | The Money Edge