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In this special report, we look at the key takeouts from the 2024 Federal Budget and what it means for individuals and businesses. This includes changes to tax, superannuation and social security that may impact wealth creation and retirement funding strategies. Overview In reality, there is very little change in this year’s budget that has […]
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With the Black Friday sales not long behind us and Christmas shopping underway – not to mention the looming Boxing Day sales – this time of year sees a significant uplift in consumer spending. But does this contribute to inflation and a likely interest rate rise? Getting the facts on spending and inflation I recently […]
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In this special report we take a look at the high level takeouts from the 2023 Federal Budget and what it means for individuals and businesses, for tax, superannuation and social security that may impact wealth creation and retirement funding strategies for Propel Financial Advice clients. This was Treasurer, Dr Jim Chalmer’s second budget since […]
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Please find below a detailed summary of the October 2022 Federal Budget. This was Treasurer, Dr Jim Chalmer’s first budget and the first for the Labor government since winning the election in May this year. The government came to power against a backdrop of the economic disruption and commodity-driven inflationary pressures stemming largely from the […]
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Please find below a high level summary of the Federal Budget October 2022 as delivered overnight. At a high level, this budget contained a range of very specific measures targeting taxation, superannuation, housing and social security but no wholesale tweaking or reforms that really enter conversations on wealth creation and retirement funding strategies. The following […]
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Did a road trip during the Easter or Anzac holidays leave you feeling robbed at the petrol bowser? Even though the Federal government cut the fuel excise in half from 44. 2 cents to 22.1 cents for six months in the March budget fuel prices are still eye-wateringly high. The confronting scenes we’ve seen on […]