Tradies hit with asset write-off ute cut
Tradies and other small businesses will lose out on tax deductions for new vehicles after the federal government dramatically cut its asset write-off claim amount.
Federal Budget
Budget’s winners and losers revealed
The government promised a budget that would build “stronger foundations for a better future”. Here are this year’s winners and losers.
Major projects in limbo as state cops budget snub
Victoria will miss out on billions in new infrastructure funding while other states have won big, but Dan Andrews is adamant the state hasn’t been “ripped off.”
Hidden tax to make holidays more pricey
The move, which has been described as a “tourism tax”, is expected to send prices soaring.
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Industry leaders’ thumbs up to Budget
LEADERS of industry have had their say on the 2017 federal Budget and it’s largely a thumbs up for Treasurer Scott Morrison and the government.
‘Give the banks a bit of a touch up’
CAN Australia both fund the NDIS and find the sunlit uplands of surplus all while keeping the government’s poll numbers above water? The answer is to hit up the economy’s most profitable sector.
Joe’s Budget verdict (now tax free)
JOE Hildebrand reveals what the government is really trying to do with the Budget and whether it will work or not. (Spoilers … if they call it a “levy” … it’s probably a TAX!)
$300m to slash company red tape
BUDGET 2017 is investing $300 million to help state and local government slash regulations that hinder small business growth and competition.
Budget changes you need to know
SMALL business owners will benefit from tax changes and other plans outlined in Budget 2017.
What the Budget means for Victoria
VICTORIA will be offered billions of dollars in cash to put towards roads and rail if it agrees to sell its share of the iconic Snowy Mountains Scheme, while a Melbourne airport rail link could be on track at last.
ScoMo’s Budget for ‘better days’
SCOTT Morrison has used the Federal Budget to reset the Government’s agenda by guaranteeing Medicare, fully-funding the national disability scheme and introducing tough new measures to crackdown on welfare cheats — including drug tests.
All debts are off: Budget set for surplus
THE federal Budget will be back in the black to a tune of $7.4 billion in four years, according to Treasury forecasts.
Big banks cough up $6.2b extra in tax
THE big banks will have to cough up an extra $6.2 billion in taxes over the next four years to pay for a crackdown on customer rip-offs.
Budget trying to help you buy a house
FIRST home buyers will be able to save for a home deposit faster by salary sacrificing into their super fund from July 1.
Original URL: https://www.weeklytimesnow.com.au/news/national/federal-budget/page/65