09 May Jigsaw 2018 Budget Snapshot

After years of debt and deficit, Australians can look forward to plenty of pre-election spending sweeteners in Treasurer Scott Morrison’s third Budget.

There are tax cuts for low and middle-income earners as well as increased spending on aged care, health, and infrastructure.

This has been made possible by an unexpected increase in tax revenues and a steadily improving economy that point to a return to budget surplus in 2020, a year ahead of time.

Finally, in a pleasant development, there has been no major Superannuation changes. Every budget since 2008 has had a significant change

You can read our snapshot here –  Jigsaw 2018 Budget Snapshot