Key points The budget this year is expected to return to a surplus of $4b thanks to a continuing revenue Key measures include cost of living support, more spending on aged care and a move to slow NDIS Implications for inflation and hence the RBA are Despite savings measures structural budget deficits remain in the...
Start thinking about your FBT obligations The 2023 FBT year ended on 31 March, so it is now time for employers to get ready to lodge their 2023 FBT returns, where they have provided benefits to their employees (or their associates) between 1 April 2022 and 31 March 2023. If you have provided fringe benefits...
Key points US regional bank failures have added to uncertainty about the investment outlook flowing from inflation and rate hikes. Specific issues with the failed banks and action to protect depositors may limit broader problems for US banks. The wider risks are high and its normal for problems like this after rapid rate hikes. Given...