Federal Budget - Individuals
With a significant focus on housing affordability, this year’s Budget proposed a number of measures directly relating to individuals. From the First Home Super Saver Scheme to the other end of the scale targeting elderly home owners and downsizing, we address the range of proposed changes that may impact you.
The centre piece of the 2017 changes was clearly aimed squarely at addressing housing affordability. ‘Is it a bubble, what’s causing it and what should, or can be done to address it?’. We highlight the key outcomes aimed at unravelling the property puzzle.
Superannuation has been largely untouched in comparison to the 2016 budget - allowing for stability in this sector. So what were the key areas of focus, and how may they impact you?
Centrelink & Aged Care
Fortunately for the Aged Care sector there were limited surprises in this year's Budget. This was expected given that the government is currently undertaking the five-year review of the 2012 budget changes that applied from 1 July 2014. In saying that, we highlight a few notable changes.
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