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Wis Australia's Updates Federal Budget 2023~24

Updated: May 17, 2023

Dear clients,

On Tuesday, 9 May 2023, Treasurer Jim Chalmers handed down the 2023-24 Federal Budget, his second Budget, which follows the October 2022 Budget.

We are pleased to share with you detailed information about this budget.

Key measures include:

  • Energy bill relief for some households and small business

  • Encouraging doctors to offer bulk billing by tripling the incentive for children under 16, pensioners and other Commonwealth card holders

  • Increases to commonwealth rent assistance

  • Increases to JobKeeper and other income support payments

  • Expanding access to the single parenting payment

  • For small business, the $20k instant asset write off is back.

  • There is also a lot of money for the ATO and treasury for compliance measures.

To read more detailed information, please download our budget below: Downloads

Happy Reading!

If there are any enquiry about above issue, please contact our team.

Kind Regards,

Wis Australia


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