CPA Australia’s expert analysis of the 2023-24 Federal Budget
Federal Treasurer Dr Jim Chalmers delivered the latest Federal Budget from Parliament House in Canberra on Tuesday 9 May 2023. CPA Australia are providing all the key insights into this major announcement, exploring the impact the new spending measures will have on businesses, accountants and the public.
Federal Budget 2023-24 documents
This Budget was handed down via official documents at 7.30pm on Tuesday 9 May 2023.
Key takeaways from the 2023-24 Federal Budget
Budget surplus expected
Small business asset write-off
Small Business Energy Incentive
Household Energy Upgrade Fund
Boost to cyber skills
Minimum tax for multinationals
Change to super guarantee contributions
Push towards net zero
Increased bulk-billing incentive
Aged care workers wage increase
More welfare support
CPA Australia’s 2023-24 Federal Budget summary
Read our summary of the tax and superannuation measures from the 2023-24 Federal Budget for an overview of the Treasurer’s announcements. Discover, in more detail, what the latest Budget means for accountants, businesses and the general public.
CPA Australia’s 2023-24 pre-Budget recommendations
Prior to the 2023-24 Federal Budget, we put forward our top recommendations as part of our ongoing engagement with the Australian Government to advocate for policies that stimulate sustainable economic growth and have positive business and public outcomes.
Helping businesses and not-for-profits build capacity
Tackling skills and worker shortages
Climate change action
Economic transformation and improving public finances
Reducing regulatory pressure and improving public service delivery
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