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Experts from Corrs Chambers Westgarth, Taxand Australia, analyse key tax measures announced in the Australian Federal Budget.
An analysis by Corrs Chambers Westgarth, Taxand Australia
The Australian Government has released its third federal budget, focusing on cost-of-living relief, investment incentives, and inflation control. The Budget aims to balance immediate relief with long-term investments, amidst expectations of a return to deficit.
Experts from Corrs Chambers Westgarth, Taxand Australia, have analysed some of the key tax measures, which include stage 3 tax cuts for individuals, tax incentives for the critical minerals and hydrogen sectors, and significant funding for housing and development.
Additionally, there are several other business-related changes, such as anti-avoidance measures and expanding the tax base for non-residents.
You can read the full analysis of the budget here.
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