2022-23 Federal Budget

In his first Budget since the May 2022 election, Treasurer Jim Chalmers has opted to not to rock the boat, perhaps in recognition of the UK government’s recent Budget disaster.

Instead, he has reset the economic forecasts to reflect the changing economic environment and targeted spending on areas with a long-term benefit to the nation and households.

From a tax perspective there has been little change – click here for a summary on the budget measures and application dates.

For further information, contact the team at Lockwood Partners via phone, email or visit our new location Level 2, 456 High Street, Echuca.