How the Federal Budget impacts your business

Sunday, Apr 21, 2019

Key announcements in this year’s budget...

Bentleys South Australia, SAWIA’s Wine Industry Partner, provided a full report on the Federal Government Budget which was circulated to members the following morning. Key announcements in this year’s budget include:

  • An increase in the thresholds for the instant asset write-off for businesses
  • Further tax cuts for individuals
  • More flexible superannuation policy to help people prepare for retirement
  • $285 million to help four million Australians cover their rising energy bills
  • Significant investment in essential services and infrastructure.

Bentleys also recently released a commentary on the budget as it applies to agribusiness 

For more information, SAWIA members can contact Tim Siebert on 0417 802 654 or tsiebert@adel.bentleys.com.au.