Federal Budget 2024 – what it means for you

This year’s federal budget was delivered by Treasurer Jim Chalmers, whose government is cognisant of cost-of-living pressures and keeping inflation in check. Nick Fennessy, Director at the Bongiorno Group, describes the budget as relatively harmless, with a surplus lower than the previous year.
 
He outlines some of the announcements, including tax cuts, modification of tax thresholds, energy bill relief, and modest super changes.
 
Bongiorno Group
For more information, please call 03 9863 3111
 
This general advice has been prepared without taking account of your objectives, financial situation or needs. You should consider the appropriateness of this advice before acting on it. If this general advice relates to acquiring a financial product, you should obtain a Product disclosure Statement before deciding to acquire the product.
 

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