Budget Brief
On 8 May 2007, the federal government delivered its budget for 2007-08 and its plans for the future of Australia and its people. This was the 12th (and possibly last) budget to be delivered by the Treasurer, Peter Costello.
In this Budget Brief brought to you by Asgard Technical Services, we briefly analyse the major changes and what they may mean for you.
There were five main areas of reform, covering:
- personal tax reform
- other tax reform
- child care incentives
- superannuation
- social security and aged care residences.
It’s important to note however, that the information contained within this Budget Brief is only general and doesn’t take into consideration your personal circumstances. To discuss how the budget might affect you personally, you should speak to your financial adviser who can tailor their advice to suit your needs.
Getting started
If you’d like more information, talk to your financial adviser. If you don't have an adviser, we can help you find one.
Important information