Budget update 2007
Take a look at the Asgard Budget Update for 2007 which examines in detail the measures announced in the 2007 Federal Budget.
Being an election Budget, there were a certain number of ‘sweeteners’ such as further income tax reform but perhaps the most interesting announcement was the doubling of government co-contributions – but only for contributions made in the 2005-06 year.
From a financial planning perspective, there were four main areas of reform, covering:
- personal income taxes
- superannuation
- child care costs
- social security and aged care residences.
The Asgard Budget Update for 2007, prepared by Asgard’s Technical Services team, examines each of these areas in more detail.
If you’d like more information, talk to an Asgard Sales Consultant near you.