Normal
On the surface, it seems like a fairly benign budget (certainly not the type we've become accustomed to in the lead up to an election) but it does seem to mark a point of inflexion in the government's finances. The reality that the boom was/is not the new normal seems to have taken hold in Canberra, finally.I can't imagine the PAYG changes will be overly onerous on business owners. Even the most basic accounting software will spit out the numbers for you in a couple of seconds.Business groups will complain about it because they complain about any red tape. Regardless of the actual burden it places on business.More cuts, higher taxes. I continue to believe that will be the long term trend.
On the surface, it seems like a fairly benign budget (certainly not the type we've become accustomed to in the lead up to an election) but it does seem to mark a point of inflexion in the government's finances. The reality that the boom was/is not the new normal seems to have taken hold in Canberra, finally.
I can't imagine the PAYG changes will be overly onerous on business owners. Even the most basic accounting software will spit out the numbers for you in a couple of seconds.
Business groups will complain about it because they complain about any red tape. Regardless of the actual burden it places on business.
More cuts, higher taxes. I continue to believe that will be the long term trend.
Hello and welcome to Aussie Stock Forums!
To gain full access you must register. Registration is free and takes only a few seconds to complete.
Already a member? Log in here.
