As Australia continues its transition to broader-based growth, the 2016-17 Budget Remains focused on jobs and growth. This Budget also reinforces the ongoing commitment to control spending to put the Budget on a sustainable foundation for the future. Excluding tax integrity measures, the Government is reducing the tax burden by around $1.9 billion over the...

The 2016-17 Budget is a national economic plan for growth and jobs. Australia’s future depends on how well we grow and shape our economy as we move from the unprecedented boom in mining investment to a stronger, broader based economy. The Commonwealth is committed to providing financial assistance to State Governments so that they can...

The Government’s National Economic Plan for Jobs and Growth will facilitate the economy’s transition to broader-based growth over the next decade and beyond. The Government is ensuring that we have the right economic plan to respond to risks and harness exciting opportunities.

Like any Australian family or business, the Government is focused on keeping expenses down to balance the Budget and pay down debt. A stronger Budget supports jobs and growth and instils confidence as the economy transitions. Strengthening the nation’s finances is key to the Government’s economic plan. Working to balance the Budget will restore the...

Much of this year’s Budget was already ‘old news’ by the time the Treasurer stood to address Parliament at 7:30 last night. His speech confirmed many measures which had been selectively leaked to journalists: the small business measures, the Google tax Mk II, the increase to the top of the 32.5% income tax bracket, for...