Usually held on the second Tuesday in May, this year’s Federal Budget has bucked the trend and will take place on Tuesday 3 May 2016. YourLifeChoices is again planning to attend the Budget Media Lock up so we can bring you all the Budget news and how the Federal Budget 2016/17 will affect your retirement and retirement plans. Keep an eye on your inbox on Tuesday evening for the Federal Budget summary and on Wednesday for our more in-depth report.
On the lead up to the Federal Budget 2016/17, we have examined the various mooted policy changes and what they will mean for Australian retirees and pre-retirees. We’ve also surveyed you, our members, on what you think of possible Budget changes and what you consider should be the focus of the Federal Budget 2016/17. The results of this survey will be submitted to the Treasurer for consideration.
MYEFO shows deficits will blow out by $10 billion over the next four years.
The Omnibus Bill will cut $6.3 billion from the Budget.
The Treasurer claims there are too few taxpayers helping to reduce the deficit.
The perks claimed by Australian politicians are now the subject of media scrutiny.
There are two competing superannuation proposals on the election platform.
Patients could end up paying dearly for GP consultations.
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