Key points to the Australian Federal Budget 2014.
Without action we face a decade of deficits and debt growing to $667 billion by 2023-24. This equates to $23,000 for every person in Australia, and would see the Government spending more on interest than on aged care by 2023-24.… Read the rest
The ending of the Schoolkids Bonus – Federal Budget 2014.
In January 31, 2013 it was confirmed that the Schoolkids Bonus was too be scrapped, but as this has not happened yet, it may now be linked in the 2014 Federal Budget.
[important]The Australian Department of Human Services (Centrelink) has … Read the rest
The Temporary Budget Repair Levy – Australian Federal Budget 2014.
As part of the 2014-15 Australian Federal Budget, the Temporary Budget Repair Levy will commence from 1st July 2014 and be in place for three years
This is a levy on high paid earners (over $180,000 per year) only.
The … Read the rest