Budget fails to incentivise Aussies to save: savings tax scrapped

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Aussies looking for a reason to save have been dealt another blow with last night’s budget, which failed to deliver the savings tax windfall promised two years ago. Savers were

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AFA: Budget 2012 – robbing Peter to pay Paul

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“Overall, last night’s Federal budget was a solid effort with the focus on getting the country to live within its means by cutting $34 billion and returning to surplus. However,

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Oliver’s Insights: Australian budget – back to surplus, the great fiscal switch

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The 2012-13 Federal Budget is about one thing: returning the budget to surplus on schedule and doing it in a way that minimises the negative impact on the economy and

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CommSec Budget 2012 chart pack

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The Federal Budget is hardly the most riveting document you are ever likely to read. Sure you know it’s important, but the problem is that it’s a huge document with

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Australia’s budget 2012: surplus or bust

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The Federal Budget is hardly the most riveting document you are ever likely to read. Sure you know it’s important, but the problem is that it’s a huge document with

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Deficit on track, but surplus in 2012/13 is hard work

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On current figuring the Government will go close to achieving its goal of a budget deficit just over $37 billion this financial year, representing just over 2.5 per cent of

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