May 2024 Federal Budget
Articles | April 2024
A Quick Glance
The Treasurer presented the May 2024 Budget on Tuesday evening.
As has become customary, many of the announcements were released in the days leading up to Budget night, resulting in few surprises.
Numerous commentators view the Budget as a further shift towards larger government, with more spending, debt, and intervention as part of the Future Made in Australia initiative.
This approach could put the Reserve Bank in a difficult situation, given persistent inflation and the expectation that interest rates should decrease rather than increase.
We are open to any questions you might have.
Please Note:
The views expressed in this newsletter does not constitute advice in any way. If you would like advice on your current situation please contact us.