FEDERAL BUDGET

Big spending for drought and flood relief were a feature of this year’s Federal Budget, along with a Future Drought Fund and an Emergency Response Fund.

Mental health, aged care and frontline and primary care were key initiatives for the health sector this year.

Pre and post-secondary schools received a funding boost, with non-government schools receiving 60% of school funding for 2019-20.

The budget announces $100b of infrastructure spending over the next 10 years.

Listen to Alan Oster, NAB’s Group Chief Economist, Tom Elliott, 3AW Drive Host, Danny Armstrong, Managing Director at ShineWing Australia and Vicki Macdermid, Partner at Pitcher Partners, bringing you expert insights to what the budget means for you and your business.

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.

The US to reinstate tough economic sanctions against Iran, with the threat of secondary sanctions against those who continue to support the regime. Plus last night’s Budget, Theresa May’s split cabinet and the risk of another election in Italy.

An extension of asset write downs and better infrastructure are key initiatives for business this year.

It’s the season for tax cuts – and more support for super. Find out what’s happening in your bracket.