Federal Budget Newsletter
No change to personal tax rates; Budget deficit levy to end The 2017–2018
Federal Budget contained no changes to the personal income tax rates and thresholds. This means that the 2% budget deficit levy on incomes over...
Major bank levy from 1 July 2017
The Government will introduce a major bank levy for authorised deposit-taking institutions (ADIs) with licensed entity liabilities of at least $100 billion...
GST treatment of digital currency
The Government will align the GST treatment of digital currency with money.
The treatment of digital (or crypto) currency for...
The 2017–2018 Budget contained a number of measures designed to improve Australians’ access to secure and affordable housing across the housing...
No major new super measures, but 1 July reforms loom large
The Government did not announce any new major superannuation measures in the Budget. This will be a welcome relief for the super industry, which...