The 2020 Federal Budget was announced yesterday, 6th October 2020.
Fast-tracked tax cuts and wage subsidies for younger workers underline the Federal Government’s budget. Note: These changes are proposals only and may or may not be made law.
For a summary of what was announced please view the summary flyer here. For more information, you can visit the Australian Government Budget website, here.
As always, if you have any questions or would like further advice, please don’t hesitate to contact Wealth Architects.
The Wealth Architects Team