Another big week this week.
Tuesday’s budget certainly contained a lot of measures designed to stimulate business investment in both human capital and business equipment. The next stage of personal income tax cuts have been brought forward and are likely to have some impact, but given they’ll be received over the course of the year they may not be noticed by many.
There was not much in the budget for self-funded retirees, while for those receiving income support there was only an additional couple of $250 payments announced.
You can find details of the announcements the impact you here:
In this week’s video we discuss how the links between the Queensland border closures and the volatility in investments markets, and consider how to approach this.