2017 Federal Budget – Newsletter

By May 26, 2017Uncategorized

On Tuesday, 10th May 2017, Federal Treasurer Scott Morrison handed down his second

Federal Budget and the Australian economy is expected to rebound from the slowdown caused

by Cyclone Debbie that hit the coast hard at the end of March this year. The economy is

expected to expand at a rate of 2.75 percent next financial year and 3 percent the following

year. Treasury now expect a budget deficit of $29.4 billion in 2017/18 but project a surplus

budget of $7.4 billion in 2020/21.

Click Here to view Federal Budget 2017-2018

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