A raft of changes are coming into effect from 1 July – here’s what the new policies will mean to your hip pocket. The start of a new financial year brings an enormous number of changes… everything from superannuation and childcare to pay rises and paid parental leave. RateCity.com.au has compiled a list of major… Read more »
With thanks to CommSec, let’s run through the ripple effect of this week’s Federal Budget 2023 on your share investments. Budget Measure: $14.6 billion cost-of-living relief package. Could boost consumer spending on electronics, clothing and groceries. The measures include welfare payments for the unemployed and single parents ($1.9 billion); one-off energy bill discounts ($3 billion);… Read more »
You would have been bombarded with information about this week’s Federal Budget, but I liked what CommSec has done and linked each major budget initiative to the listed companies which will benefit most. Household spending and population growth Due to higher inflation, the government will allocate an additional $33 billion over the next four years… Read more »
CommSec research outlining potential sharemarket winners from the Federal Budget 2022 is certainly food for thought. The sharemarket analysts I talk to say they take notice of what’s in the Federal Budget, but it’s only one of a number of considerations behind a decision to invest. Often a budget announcement can be just a short-term… Read more »
With rising inflation, a war in Europe affecting global fuel costs, and ongoing supply strain issues, this year’s budget is shaped not just by the upcoming election but a growing cry in the community about the cost of living. But despite some significant multi-billion dollar spends within the next six months, the deficit is predicted… Read more »
Overwhelmingly, Australia’s top economists would rather the Federal Budget 2022 funds measures to cut carbon emissions than cuts to income tax or company tax. They are also dead against rumoured cuts to petrol tax and the tax on beer. The Conversation’s pre-budget survey of a panel of 46 leading economists selected by the Economic Society… Read more »
The economy will boom, the average Australian will have a secure job, but not a big increase in wages, their house value will continue to go up strongly and price rises at the supermarket will stay low. That’s the helicopter view of your financial life over the next 12 months from the Federal Budget. Thankfully,… Read more »
