Treasurer Jim Chalmers delivered his second Federal Budget on Tuesday 9th May 2023, with the promise that “the 2023-24 Budget will build on the Government’s work to build a better future for Australia.”
After Labor delivered its “Responsible Budget” in October last year, the economy has performed better than predicted.
However, as Australia continues its recovery from COVID disruption, Australian’s are feeling the pressure of rising inflation more than ever.
Australians are eager to know how this Government will address the broader economic issues of rising interest rates, cost of living pressures, staffing shortages, supply chain issues, rising business costs and short comings in education, housing, medical and defence. Will this Government deliver a budget that will restore the economy quickly and prevent the recession that is being predicted by the media?
Will the AUKUS alliance and its promise of migration ease the strains felt by industries in employment and manufacturing or add to our housing and medical crisis?
How will this Government’s budget address geopolitical tensions, a global energy crisis and Australia’s deficit?
And most importantly, what impact will the Budget have on you and your family?
We invite you to view our 19th Annual Australian Budget Review Seminar, 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.
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