On 18th December 2024, Treasurer Jim Chalmers and Finance Minister Katy Gallagher released the Albanese Government’s mid-year budget update. The complete Mid-Year Economic and Fiscal Outlook (MYEFO) budget document can be accessed here. The MYEFO reflects the Government’s focus on maintaining fiscal discipline while addressing cost-of-living pressures and investing in Australia’s long-term economic resilience. With $14.6bn in additional… Continue reading Mid-Year Economic and Fiscal Outlook (2024-25)
Tag: Tax/Finance/Business
Victorian Budget 2023-24
On 23 May 2023, Victorian Treasurer the Hon. Tim Pallas MP delivered the Andrews Labor Government’s ninth Budget. The 2023-24 Budget predominantly focuses towards targeting the debt created by the response to the COVID19 pandemic with a key feature of the budget being COVID Debt Repayment Plan; a measure to approach the $31.5 billion worth… Continue reading Victorian Budget 2023-24