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Since Labor delivered its interim “Responsible Budget” in October last year, the economy has shown resilience with the 31 January 2023 year to date numbers showing a Federal budget deficit $A13.6bn better than estimated.
However, with interest rates and cost of living expenses rising rapidly, everyday businesses – and Australians as a whole – are still feeling the pinch.
Now, all eyes will be on the Government to see how it balances the need to rein in debt and deficit, deliver inflation relief and avoid recession.
To ensure you're across the key announcements, Lee-Ann Hayes from Tax Banter dives into what the Budget means for you, your business, and your clients.
*Members of professional associations can claim attendance at this webinar for CPD/CPE purposes, if you are satisfied in your professional judgment that it meets your CPD/CPE requirements as set out in your professional association’s regulations.
Partner – Financial Advisory
Partner
Head of Client Engagement at TaxBanter
The announced 30 per cent minimum tax on discretionary trusts creates significant challenges for private groups.
The Government has announced revisions to several tax measures in the Budget, affecting capital gains tax treatment for small businesses, a special carve-out for start-ups, and a conditional exclusion for discretionary testamentary trusts from the 30 per cent tax on trusts.
Explore how the Federal Budget 2026–27 reshapes M&A in Australia, with CGT changes, trust tax reforms and implications for deal structuring and transaction timing.
