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2019 Pre-Federal Budget leaks

Days out from the Federal Budget, there have already been several leaks about what it could hold. Here’s the low-down on what to expect.

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Changing the funding game

Growth capital is more important than ever. But while we’re seeing new and innovative forms of funding stepping up to meet this need, it’s clear small and medium-sized businesses must step up too.

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The future is location-fluid. Are you ready?

No longer a novelty, co-working and co-living spaces are transforming Australians’ housing choices and work arrangements.

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The Bigger Picture – A Global and Australian Economic Perspective – May 2019.

Surprise jump in conditions last month was unwound this month – with business conditions, confidence and forward orders now all below average.

Overall, the NAB Rural Commodities Index rose 1.1% in April, largely reflecting higher cattle, lamb, dairy and cotton prices, offsetting further declines in grain.

Conditions ease further, confidence turns negative

Harnessing digital technology to drive productivity and profits. How new-generation agtech is changing the face of Australian farming.

Deterioration in conditions in most states, with current momentum negative. Household sector weakness evident, investment still ok (outside mining), while agri. facing easing prices and needs rain. Housing sector downturn, population growth centred on the eastern states, agricultural prices easing.

Overall, the NAB Rural Commodities Index fell 2.7% in March, largely reflecting lower cattle, grain and fruit prices.

NAB’s view is that prices will decline further over the next year or so – led by further declines in Sydney and Melbourne. We also see the adjustment continuing in an orderly manner, with prices remaining well up on 5 years ago.

Just what did Australia think of the Federal Budget? From industry bodies to media, we count down 10 of the most interesting reactions.

Technology is changing the way accounting professionals work and the relationship they have with their clients. Cloud accounting business specialist Lielette Calleja shares the secrets of her own success and suggests ways to make the most of continuing transformation.

As anticipated, the Coalition delivered an election Budget – but the headline tax cuts only hit in 2022-23. Meanwhile, questions abound about the Government’s optimistic forecasts and just how stimulatory this Budget is.

Personal income tax cuts were the headline of the 2019 Federal Budget – along with a change to super contributions and a new work test age.

Small business won tax cuts, an increase to the instant asset write-off, increased infrastructure spending and investment in apprenticeships.

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