The Budget in depth

This year’s Budget is unique in its timing, and also in the fact that it has been released immediately before the announcement of the next Federal Election. Voters should be aware that all of the proposals in this Budget need to be passed into law before they become effective.

So, what to make of the proposals announced? nabtrade’s Gemma Dale wears her interviewee hat in this podcast and covers:

• Tax measures targeting individuals and eligible small and medium sized businesses
• Two significant proposals from this Budget that relate to the ability to contribute for those over age 65
• The one off Energy Assistance Payment you will receive if you were eligible for certain social security payments on Budget night, and
• Post-Budget considerations for investors.

Visit our Budget hub for more information.

Register for our 'The Budget and your portfolio' webinar featuring industry experts Roger Montgomery, Chris Joye and Ivan Colhoun.

 

You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean, Spotify or at nabtrade.com.au/yourwealth

If you are pressed for time, consider listening at 1.5x or 2x the usual speed – this can actually improve your retention of information while saving time.