BUDGET 2018, in tweets

The Australia government has released its budget for the 2018-19 financial year to – as usual - acclaim, discord and everything in between.  

The budget reports Australia will record a deficit of $A18.2 billion this year, before returning to surplus earlier-than-expected in 2019-20.

Below are what some of Australia’s most-respected experts are saying about #Budget2018 on Twitter.

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Pic: Australian Parliament House, Canberra

As expected, tax reform proved to be a key plank of the budget, with tweaks to tax brackets. 

Small businesses will again benefit from changes which will see the popular instant-asset write off extended.  

Young Australians will be pleased to learn they will likely benefit the most from changes to superannuation – if they notice.  

And finally, expected infrastructure spend has been finalised in good news for both metropolitan and regional areas.

Shane White is Senior Production Editor at bluenotes.

You can read bluenotes’ full coverage of #Budget2018 HERE.


The views and opinions expressed in this communication are those of the author and may not necessarily state or reflect those of ANZ.

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