Information for advice professionals only.
The 2023-24 Federal Budget will be handed down on Tuesday, 9 May. The Government has already flagged a higher tax rate on superannuation balances of more than $3 million to be introduced in the 2025/26 financial year. Further, there has been confirmation that previous temporary tax offsets will not be extended. With pressure remaining for Australians from cost of living and high interest rate, and the Government also focussed on managing existing large Budget deficits, any announced changes will need to be carefully managed.
Join BT’s Head of Financial Literacy, Bryan Ashenden for a live webinar as he dissects the Budget, what it contains and the impacts for you, and your clients.
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