On 25 March 2025, the Federal Government delivered its fourth Budget, focusing on five key priorities, including cost of living relief, housing, and education which may impact you in relation to the following matters:
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- Personal tax cuts
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- Medicare Levy low income thresholds increased
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- Higher education loan repayment changes
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- The missing Instant Asset Write-off legislation
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- Super Guarantee payable on payday from 1 July 2026
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- Extra tax for super earnings for account balances above $3 million
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- Energy bill relief
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- Expanding bulk billing incentives
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- Cheaper medicines
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- and more.
Please contact us for clarification, or further advice, regarding any of the topics covered in this special edition newsletter which you can download here.