20th Annual Australian Budget Review 2024
On May 14th Treasurer Jim Chalmers delivered the 2024-25 Federal Budget, with a central focus on alleviating the cost of living pressures felt by Australian’s through promised tax cuts for every taxpayer.
Central focus remains on alleviating the cost of living pressures currently being felt by Australians. The current Government recently modified the previous legislated tax cuts to offer less savings to the higher paid and more to the middle income bracket in order to try and soften the impact of inflation, which has started to slow, albeit not yet to the preferred range of the Reserve Bank.
In his most recent address, Chalmers said "The global economy is uncertain and unpredictable, fraught and fragile" influenced by conflicts in the Middle East and Eastern Europe, fragmenting global supply chains, and inflation concerns in North America and China
Australians are eager to know how this Government will address national and economic security with rising global uncertainty in this Budget. And, how it will solve cost of living pressures beyond the Stage 3 tax cuts, as well as shortcomings in education, housing, medical and defence.
Will the Future Made in Australia Act and delivering a global net zero economy be a major focus, and what will this mean for Australian businesses?
And most importantly, what impact will the Budget have on you and your family?
We invite you to watch our 20th Annual Australian Budget Review Webinar, presented by Steve Douglas, to gain insight into:
- Key insights into the Federal Budget announcement
- Analyse the economic responses and new initiatives
- Review the revenue and expenditure priorities
- Evaluate how the budget may shape the economy
- The budget impact on Australians, expats, intended migrants and investors
- Assess the affect the budget may have on Australia’s property markets.
We trust you will enjoy the presentation and welcome you to share it with your friends and associates.
Executive Chairman, SMATS Group
Steve has been featured in articles by the Australian Property Investor Magazine, Singapore Business Times, South China Morning Post, Australian Entrepreneur Magazine, Benchmark, Western Australian Property & Investment and Property Link magazine.
Steve wrote the book “the Aussie Expat – The Luckiest Person on Earth” which has sold more than 10,000 copies worldwide. In 2009, Steve was recognised as one of the leading 50 Australians in Asia by Advance and invited to participate in the Advance Asia 50 Summit and in 2010 was awarded the Singapore AustCham Entrepreneur Award and in 2017 Steve was The Finders "Expatreneur Awardee 2017".
Australasian Taxation Services
ATS can ensure you gain a full understanding of your Australian tax obligations and opportunities.
- Specialised tax planning for Australian expatriates, retirees and property investors
- Full understanding of Australian and international tax issues
- Annual tax return preparation
- Unique tax planning software modelling
Top 100 Accounting Firms - Australian Financial Review 2019-2020
Property Tax Firm of the Year Australia - Finance_Monthly Awards 2015-2019
Most Outstanding for Expat Australian Tax Planning - AI Global Excellence Awards 2015-2021
Best in Property Tax Australia - AI Accounting, Audit & Tax Awards 2015-2020
Best for Expat Australian Tax Planning - AI Accounting, Audit & Tax Awards 2015-2021
UAE Business Awards – Best Australian Expatriate Property Tax Firm 2018-2019
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