Federal Budget 2022-23
Aspen Corporate • 10 March 2022

The Federal Budget has been brought forward to 29 March 2022. With the pandemic and the war in Ukraine we have seen a lot less commentary this year about what to expect in the Budget.


But, as an election budget, we typically expect to see a series of measures designed to boost productivity, many of which are likely to benefit businesses willing to invest in the future.


Bolstering the workforce, and measures to increase the participation of women, is also a potential feature as Australia struggles with post pandemic worker shortages.


Fiscally, the Budget is likely to be in a better position than expected in previous Budgets so there is more in the Government coffers to spend on initiatives. Look out for our update on the important issues the day after the Budget is released.

by Aspen Corp 11 June 2025
The US economy experienced a notable slowdown in the first quarter of 2025, China announced a new stimulus package.
by Aspen Corp 11 June 2025
With the 2025 tax season fast approaching the Australian Taxation Office (ATO) is reminding taxpayers to be careful when claiming work related expenses.
by Aspen Corp 10 June 2025
As the Labour party settle back into their seats having secured a majority in the House of Representatives, we look at the campaign promises and the unfinished business from the last term.
by Aspen Corp 7 May 2025
With the end of the financial year fast approaching we outline some opportunities to maximise your deductions and give you the low down on areas at risk of increased ATO scrutiny.
by Aspen Corp 6 May 2025
The ATO has updated its small business benchmarks with the latest data taken from the 2022–23 financial year.
by Aspen Corp 5 May 2025
It has been a long time coming, but the Government finally passed legislation increasing the instant asset write-off threshold for the year ending 30 June 2025 to $20,000.
More posts