This year’s Federal Budget focused on the rising costs of living and how to help Australians manage. Before the Budget there was speculation that we would see changes for aged care funding and fees, but what made it into the Budget? This article takes a look at the measures in the Budget and how you…
Iron ore has been the backbone of the Australian economy and many investment portfolios for much of the 21st century. In 2021, resources accounted for 68 per cent of Australia’s export revenue. This was the year that iron ore prices peaked at almost $US230 a tonne.i However, its growth as an export icon really took off…
This year’s Federal Budget covers a range of measures aiming to reduce the pressure from increased costs of living and help more people into homes. Note: These changes are proposals only and may or may not be made law. Personal taxation Cost of living tax offset: The Low and Middle Income Tax Offset (LMITO) will…
