- The introduction of a Temporary Budget Repair Levy
- The refund of excess non-concessional contributions without penalty
- Age pension age increasing to age 70
The following link will take you to an article which outlines how the proposed budget changes may impact your financial situation. Please bear in mind that the budget announcements still need to be passed by both the House of Representatives and Senate before they become law.
We hope you find our budget update of interest. If you would like to discuss the announcements and the possible implications to your own financial strategy, please contact OBT’s friendly Financial Planning team on 5462 2277.