This year’s Federal Budget is an ‘election budget’ with future tax cuts for all Australians, especially low and middle income earners.
Overall, there were minimal changes to super proposed in the Budget, with minor changes to super contributions for older Australians.
Click the link below for a summary some of the key points from the Budget, and how they may affect Retirees and Pre-Retirees.
Keep in mind that these are subject to the passing of legislation.
If you want to know more about the 2019/20 Federal Budget and how it may affect you, please contact us.