Australia

Highlights

Last night (8 May 2018) the Treasurer, Mr Scott Morrison, handed down the 2018-19 Federal Budget, being his third Budget and the current Coalition Government’s second since the last (2016) Federal Election.

A key component of the Budget is delivering tax cuts to low and middle income earners, which will be phased in from the 2019 year.

There is also a strong focus on greater integrity in the tax system through the Black Economy measures and other more targeted and specific amendments.

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