Australian Federal Budget 2021-22

On 11 May 2021, the Government handed down the 2021/22 Federal Budget. Whilst this marked a return to the traditional timing of the budgetary processes, the content of the 2021/22 Budget continues to remind us that our economy and way of life has still not returned to full normality post the events of COVID-19. BT’s Technical team have prepared briefing documents to give you an overview of what was announced.

While investing in property might require a significant deposit, investing in shares, ETF’s or managed accounts can be accessed with a smaller outlay.
The HomeBuilder grant offers eligible homeowners a potential tax-free $25,000 boost to help build a new home or substantially renovate an existing home.
Billions of dollars are sitting in lost and unclaimed super accounts. Some of that money could be yours. We explain how to be reunited with any lost super.

Disclaimer:

The content in this page has been prepared by BT, a part of Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian Credit Licence 233714 (Westpac) and is current as at 12 May 2021.

The information regarding taxation and legislative change is based on policy announcements which are yet to be passed as legislation and may be subject to future change.

This information does not take into account your personal objectives, financial situation or needs and so you should consider its appropriateness, having regard to these factors before acting on it.