Budget 2021-22

Budget 2021-22

Budget 2021-22: The Balancing Act Budget   The 2021-22 Federal Budget is a balancing act between a better than anticipated deficit ($106 bn), an impending election, and the need to invest in the long term.   Key initiatives include: Extension of temporary...
JobMaker Hiring Credit – Rules Released

JobMaker Hiring Credit – Rules Released

The JobMaker Hiring Credit rules have been finalised and applications are now open. In brief Administered through STP, JobMaker provides a payment to employers of $200 per week for eligible new employees aged between 16 and 29, and $100 per week for eligible employees...
Budget 2020-21: Road to Recovery

Budget 2020-21: Road to Recovery

The 2020-21 Federal Budget is a road to recovery paved with cash.   Key initiatives include: Personal income tax cuts from 1 July 2020 A $4 billion ‘JobMaker’ Hiring Credit to encourage businesses to take on additional employees aged 16 to 35 years...