The New South Wales state budget delivered today by Treasurer Dominic Perrottet announces a forecast surplus of $3.9 billion for 2018-19. Major investments ahead include transport, health and air-conditioning in schools.
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Australia's savings rate is low, and getting lower. Whether they know it or not, many households are becoming financially stretched, but with a taste for the high life - and historically low interest rates - there seems to be little incentive to save.
Despite warnings about Bitcoin’s market volatility and unregulated nature – with detractors such as Warren Buffett dubbing the cryptocurrency “the latest economic bubble” – cryptocurrencies have captured investors’ imaginations.
You won’t find them in Treasurer Scott Morrison's budget night speech, but there are plenty of smaller, and possibly unusual, items of interest in the Budget 2018 papers.
Accountants and the tax profession will find plenty of measures in the fine print of the 2018 Federal Budget papers that will affect individuals and business clients.
A budget to strengthen the economy, create jobs and guarantee essential services while ensuring the Australian Government lives within its means was the promise of tonight’s Federal Budget.
Governments are seeking new ways to tax motorists as the rise of electric cars threatens fuel excise revenues.
The 2018-19 Victorian Budget focuses on using strong revenue growth from the state receiving a larger GST share and a robust property sector to fund new infrastructure spending.