FEDERAL BUDGET 2018
Introduction
Update
Property
Shares
Family
Articles
Legal Stuff
Introduction
Welcome to the Whole Wealth analysis of the government's Federal Budget 2018/19. Like many predicted it is an election budget with plenty of carrots to entice the masses to vote for the LNP. Luckily for the government, the economy gods have smiled upon them, giving them a growing global economy, which in turn has given Australia a growing economy and more money in the treasury coffers then they had projected previously.
Like all budgets they are contingent on the proposed legislation to pass the House of Representative, the Senate, and receive the Royal Ascent from the Governor General (usually a given). Currently the government has the majority in the House of Representatives but will have to work with the Senate to pass the bills.
The first round of tax cuts will be implemented post elections so are dependent on the Liberal being voted into parliament. The more significant tax cuts come into play 7 years from now.
There will also be major spending for infrastructure to commbat Australia increasing population. The lion's share of this spending will be distributed
It starts off with tax cuts for more than $10 million Australians. For those earning up to $90,000 will save about $530,
Principal Wealth Strategist
Guy Rasmussen
Update
The Tax Time
Last month we had the 2018/19 Federal Budget
The Budget
Last month we had the 2018/19 Federal Budget
Whole Wealth Portal
Ou
Property
Hobart leads the way.
Shares
April was an unusual month in the Australian sharemarket. The market rose by 4% across the month. The unusual element was how smooth that rate of growth was. Here is how it looked on Yahoo Finance
Family
Brayden
Brayden has just finished his first term of
Articles
LEGAL STUFF
General Advice and Tax Warning
The above suggestions may not be suitable to you. They contain general advice which does not take into consideration any of your personal circumstances. All strategies and information provided on this website are general advice only.
Please arrange an appointment to seek personal financial and/or taxation advice prior to acting on anything you see on this website.
The tax-related component of the above discussion was prepared by Dover Financial Advisers Pty Ltd, AFSL 307248. Dover Financial Advisers is a registered tax (financial) adviser.
The legal component of the above discussion was prepared by MLA Lawyers Pty Ltd.
The credit-related component of the above discussion was prepared by Dover Financial Advisers Pty Ltd, AFSL 307248. Dover Financial Advisers holds an Australian Credit Licence.
Contact Details
[INSERT]
Licencing Details
Guy Rasmussen is an authorised representative (1238998) of Dover Financial Advisers Pty Ltd.
GM Rasmussen Pty Ltd ATF Whole Wealth is a corporate authorised representative (1251211) of Dover Financial Advisers Pty Ltd.
Dover Financial Advisers Pty Ltd AFSL 307248 | ABN 87 112 139 321 | 71 Tulip Street, Cheltenham, VIC 3192