Treasurer Jim Chalmers has handed down his fourth federal budget, laying the groundwork for a federal election campaign that could be called within days.
abc.net.au
Hot Issues
From July 1, 2025, the compulsory Super Guarantee Contribution (SGC) rate increases from 11.5 % to 12%.
On 26 March, the government passed legislation denying tax deductions for ATO interest. This change takes effect on 1 July 2025.
Small business conditions and confidence notably improved throughout Q1 of this year, but remain in negative territory.
Analysis from one of the country’s biggest asset management firms has revealed a “deadweight loss” of $94.5 billion to the nation’s economy if the Division 296 tax gets over the line.
Australian SMSFs have historically maintained strong exposure to local assets, with portfolios concentrated in Australian shares and cash.
The latest forecasts for investment returns and region-by-region economic outlook
Liability limited by a scheme approved under Professional Standards Legislation.
Copyright © 2025 Johnson & Mongan Chartered Accountants. All rights reserved.
