Category Archives: Federal Budget

Budget 2019 – Review by Julius Mather (Principal Northcity Accountants)


3 April 2019. Besides the return to a Budget surplus for the first time in 12 years, clearly, the headline tax announcement are the proposed changes to the personal income tax rates and the respective income tax brackets. Consistent with the Government’s recent economic narrative, announcements as they apply respectively to large and small business reinforce the […]

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2017/2018 Federal Budget

Federal Budget Highlights Mr Scott Morrison, the Federal Treasurer, has handed down his second Budget Mr Morrison said the Budget is focused on boosting the economy and households, so that “we live within our means and are able to return the Budget to balance in 2020/21”. This is the tenth consecutive federal deficit budget.,2017/2018 the […]

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2016/2017 Federal Budget

Individual Tax Review by Accountants & Tax Agents Pty Ltd Julius Mather – Managing Director Income tax rates We see in this Federal Budget a modest attempt to address the current bracket creep via the announced proposal to increase the threshold at which the second-highest marginal tax bracket of 37 per cent begins to apply, […]

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