Federal Budget Summary
The Budget announcements contain a suite of tax and superannuation measures aimed at increasing housing stock and improving house affordability. While the government has not gone close to clamping down on the political and social hot potato of negative gearing, it has taken some steps to restrict the travel expense and depreciation tax breaks enjoyed by investors.
To read our full newsletter about the Federal Budget just released click on the link below.
If you’d like to talk further about anything contained within it, please call Taxwise on (08) 9248 8124