Welcome back to another episode of the 360 Money Matter Podcast!

October 25 saw the new federal government release their budget, and in this episode we're telling you everything you need to know about it.

We'll be discussing the outcomes of the budget, who is impacted and what to expect. Overall, we view the budget to be quite positive, as most of it aims to deliver support where it is needed in our economy. It's a well balanced budget Jim Calmers hands down his fist budget as treasurer of Australia.

Our goal is to inform you on the impact that this can have for you, for your family members, and for the country as a whole.

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This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706

Episode Highlights:

• Downsizing contributions
• Self-managed superfunds
• Legislated tax cuts
• Gain in pharmaceutical benefits
• Paid parental leave scheme
• Child care subsidy
• Aged care sector
• First home buyer guarantee
• Housing projects
• Projected Budget deficit

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