Australian Federal Budget: Winners And Losers  - triSearch

Australian Federal Budget: Winners And Losers 

Winners 

  • Lower income households  - more energy bill assistance on the way 
  • Small businesses – energy bill rebates and extension of asset write offs 
  • Renewable and other energy companies – tax breaks and other incentives for investment 
  • Renters – second year of increases in Commonwealth Rent Assistance 

Losers

  • Jobseeker and youth allowance recipients – no across the board increase despite recommendations  
  • Foreign companies and residents – more funds to address tax avoidance and strengthening capital gains regime 
  • Environment – no major disbursements to address damage such as reef bleaching, species extinction 
  • Regional healthcare – focus on regional infrastructure leaves communities in the bush disappointed 
Subscribe free to
The Australian Conveyancer

Monthly magazine and weekly newsletter, direct to your inbox, with the latest conveyancing insights.