
What does the Budget 2017 mean for you?
On Tuesday night, Treasurer Scott Morrison handed down the Federal Budget for 2017. In his second delivery, he presented a budget of “principles of fairness, security and opportunity”. Morrison’s budget is one that many believe will be popular, with measures included to assist First Home Buyers with the difficult task of saving for a deposit, heavier penalties for banks taking on too much debt, and an extension of the $20,000 asset liability write off scheme for small business.