The Treasurer delivered the Federal Budget on 6 October 2020.
So, how does it measure up? Like all budgets there is a lot of talk about “winners and losers” and the ABC News report takes that approach. Or if you prefer videos, then ABC News’ Greg Jennett explains the key numbers and Deloitte Access Economics’ Chris Richardson and Burman Invest’s Julia Lee discuss their thoughts.
In Our Financial Knowledge Centre we provide an overview of this year’s Budget which focuses on some key areas:
- Budget overview
- Economic and fiscal outlook
- Individual taxation
- Company taxation
- Social Security
- Others Measures
- Moving Forward
The Government’s budget website contains a range of information for individuals, families, business owners and jobseekers. Given the relevance of COVID-19, the Government has included a range of specific information pages relating to health initiatives as well as its Economic Recovery Plan for Australia arising from Coronavirus.
If you would like to discuss in particular how the 2020 Budget affects your own financial position, then please contact us.
Financial Knowledge Centre
Our online Financial Knowledge Centre contains a range of articles that support our insurance, superannuation and financial planning advice. Our clients are provided with access to the full range of articles, videos, learning modules and financial calculators that it conveniently provides online via phone, tablet or computer.