Special report | Federal Budget 2019-20

LGT Crestone

LGT Crestone

On 2 April 2019, Treasurer Josh Frydenberg delivered Australia’s federal budget for 2019-20. Coming ahead of a likely May federal election, the budget lays the foundation for the government’s re-election campaign, and highlights the Coalition’s economic management with the first budget-year surplus in over a decade. The budget also promises significant personal income tax cuts along with significantly increased funding for small businesses, infrastructure and a range of essential services.

In the following update, we provide a summary of the key announcements from the budget from the perspective of investors and briefly outline the potential economic impacts.

Never miss an update

Stay up to date with the latest news from Crestone by hitting the 'follow' button below and you'll be notified every time we post a wire.

Want to learn more about Crestone Wealth Management? Hit the 'contact' button below to get in touch with us or head to our website

LGT Crestone
LGT Crestone

Private wealth advice for high-net-worth and ultra-high-net-worth families, family offices, and for-purpose organisations.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.


Sign In or Join Free to comment