BDO 2020 Federal Budget Report


Touted as the most significant Federal Budget in decades, the Government’s 2020 delivery sets the scene for a slow climb back to surplus and out of the first recession in almost 30 years. This will be no soft-pedal event, but a back-to-basics focus on boosting the economy. It’s definitely time to ‘get back on the bike’ and start the journey towards recovery.

In a budget that is encouraging spending on many levels, there are loads of tax related measures for business, as well as a number of positives for individuals. Industry hasn’t been forgotten either with a number of supporting measures for Agriculture, Real Estate, Education, Infrastructure, Aged care and Child care.

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