08 May 2018
Australian budget 2018: full coverage
bluenotes contributors |
bluenotes presents comprehensive coverage of the 2018-19 Australian federal budget.
9 May 2018
BUDGET 2018, in pictures
Stronger-than-expected tax revenue has helped the Australian government forecast an earlier-than-expected return to surplus in the 2018 federal budget - and signal tax cuts form low- to middle-income earners. There’s also big news on infrastructure, small business and super.
The government expects the underlying cash balance be a deficit of $A14.5 billion (-0.8 per cent of gross domestic product) in 2018-19, improving to a slim surplus of $A2.2 billion (0.1 per cent of GDP) in 2019-20.
"There’s big news on infrastructure, small business and super.”
A surplus projection of $A11 billion (0.5 per cent of GDP) is in place for 2020-21 and $A16.6 billion (0.8 per cent of GDP) for 2022-12.
Read the infographic below to learn more.
The views and opinions expressed in this communication are those of the author and may not necessarily state or reflect those of ANZ.
editor's picks
09 May 2018
BUDGET 2018: wealthy, healthy & prizes
Cherelle Murphy & Jack Chambers |
This year’s budget has some for the household wallet, some for health and some for the government’s piggy bank.