Low interest rates have been a mainstay since the global financial crisis of 2008. When the pandemic hit, Governments pushed stimulus measures through the economy and central banks reduced interest rates even further. Coming out of COVID, housing market demand was strong and prices boomed but at the same time, supply chains remained restricted and […]
How high will interest rates go? Part 2 Read More »
New legislation will make zero or low emission vehicles FBT-free. We explore who can access the concession and how Electric vehicles (EV) represent just under 2% of the new car market in Australia but it is a rapidly growing sector with a 62.3% jump in new EV registrations between 2020 and 2021. Making EVs
FBT-free Electric Cars Read More »
The 2022-23 Budget is safe and ballot box friendly with a focus on jobs, cost of living, home ownership, and health. Key initiatives include: A 6 month, 50% reduction in fuel excise with effect from midnight Budget night A $420 cost of living tax offset for low and middle income earners from 1 July
Federal Budget 2022-23 Read More »
Victorian Treasurer, Tim Pallas, delivered the Victorian State Budget on 20 May 2021, describing his budget as a “road to recovery” after multiple COVID-19 lockdowns severely impacted the State’s economy during 2020-21. The budget sets out a long term plan to address budget blow-outs in major infrastructure projects and ballooning debt, while at the same
2021-22 Victorian State Budget: Road to Recovery Read More »
The 2021-22 Federal Budget, released on Tuesday evening, has been described as the “Balancing Act Budget” by some commentators due to the numerous demands that the government is trying to manage: the continued recovery from the COVID-19 pandemic, the ballooning deficit, investment in the long-term and the fact it is an election year! Key initiatives
2021-22 Federal Budget Read More »