Money and Investing with Andrew Baxter

Breaking Down the 2024 Federal Budget: Winners, Losers, and Long-Term Impacts


Listen Later

Welcome to this week's episode of the Money and Investing Show! Join your host Andrew Baxter and co-host Mitch as they dive into the 2024 federal budget. This episode is packed with insights on the winners and losers of the budget and how it will impact the economy in the short and long term.

Andrew and Mitch discuss tax changes, focusing on how they affect different income levels. They explore the implications for low and high-income earners and the overall economic stimulus. The conversation then shifts to energy bill relief and rental assistance, examining whether these measures provide meaningful support or add to inflationary pressures.

The hosts also delve into the impact on international students, defence spending, and the controversial changes to HECS debt indexing. They provide a balanced view of how these elements could shape the economy and society.

In the second half of the episode, the focus turns to the budget losers. Topics include the impact on universities, the reduction in international student numbers, and the tightening of NDIS funding. Andrew and Mitch critically analyse these measures, questioning the long-term vision and sustainability of the budget.

Tune in for a comprehensive overview of the 2024 federal budget and its implications.

 

Subscribe to our Channel: https://www.youtube.com/channel/UCfmaldKMEUc5qXeIQ7zEBeA?sub_confirmation=1  

FREE Online Training with Andrew Baxter: https://bit.ly/cod-online  

Subscribe to Money and Investing Podcast: http://www.moneyandinvesting.com.au/  

The Wealth Playbook: Your Ultimate Guide to Financial Security: https://www.wealthplaybook.com.au/ 

The Wealth Playbook on Audible: https://www.audible.com.au/pd/The-Wealth-Playbook-Audiobook/B0CXYYWZTB?qid=1711282387  

 

 

...more
View all episodesView all episodes
Download on the App Store

Money and Investing with Andrew BaxterBy Andrew Baxter


More shows like Money and Investing with Andrew Baxter

View all
The Property Couch by Bryce Holdaway & Ben Kingsley

The Property Couch

77 Listeners

Motley Fool Money by LiSTNR

Motley Fool Money

90 Listeners

Equity Mates Investing Podcast by Equity Mates Media

Equity Mates Investing Podcast

65 Listeners

Property Investment, Success & Money | The Michael Yardney Podcast by Michael Yardney; Australia's authority in wealth creation through property

Property Investment, Success & Money | The Michael Yardney Podcast

32 Listeners

The Rules of Investing by Livewire Markets

The Rules of Investing

11 Listeners

Your Wealth by NAB

Your Wealth

7 Listeners

money money money by Glen James

money money money

53 Listeners

Australian Investors Podcast by Rask

Australian Investors Podcast

17 Listeners

Australian Finance Podcast by Rask

Australian Finance Podcast

26 Listeners

Get Started Investing by Equity Mates Media

Get Started Investing

33 Listeners

Investing Compass by Morningstar Australia

Investing Compass

27 Listeners

Friends With Money by Money Magazine

Friends With Money

13 Listeners

Australian Property Podcast by Rask

Australian Property Podcast

9 Listeners

Aussie FIRE | Financial Independence Retire Early by Hayden Smith & Dave Gow

Aussie FIRE | Financial Independence Retire Early

4 Listeners

Australian Retirement Podcast by Rask

Australian Retirement Podcast

6 Listeners