The 2022-2023 Federal Budget has just been released and forecasts a strong recovery out of the crisis that has been the last two years. Low unemployment, rising wages growth are expected despite the ongoing pandemic and the war in Ukraine. The government is heading into the election trying to limit rising living costs. As expected there has been a temporary cut to fuel excise and one-off payments for pensioners and low to middle-income earners.
Read more in this special issue of our Wealth Management newsletter