Federal Budget Overview 2022-2023

 

Australian Federal Budget 2022-23 Overview

The Australian Government handed down their 2022-23 budget which included a strong focus on reducing the cost of living on households and investment in training.

IN BRIEF:

  • Deficit of $78 billion for 2022-23

  • Net debt predicted to increase to $865 billion by June 2026

  • GDP growth forecast of 3.5% for 2022-23

From cost of living to small business digitisation, Chartered Accountants Australia and New Zealand have provided a summary of the nine budget measures you need to know.

For more information, click here.

Federal Budget Insights Report 2022-23

Thomson Reuters has prepared a 'Special Issue - 2022-23 Federal Budget Report'. Download the full report here -

Full Budget Papers

If you want to know what the Federal Budget proposals mean for your business, access the full budget papers at www.budget.gov.au 

We are here to help.

Please contact us if you have any questions in regards to any of the above information, or are seeking expert and tailored advice.

 
Cristy Houghton