The Treasurer Joe Hockey’s ‘no surprises’ Federal Budget involves limited superannuation and taxation changes, with a number of key measures having been announced prior to Budget night. Of note is the Government’s announcement that it will reform a number of family assistance measures, as well as the means test for the Age Pension.

Below is a summary of key announcements that may affect you from a financial advice perspective.

If you’d like to discuss anything in this report, please give my office a call.

[embeddoc url=”https://deltafinancialgroup.com.au/wp-content/uploads/2015/05/2015-budget-client-summary.pdf” download=”all” viewer=”google”]

Any advice in this communication has been prepared without taking account of your objectives, financial situation or needs. Because of this you should, before acting on any advice, consider whether it is appropriate to your objectives, financial situation and needs.
GWM Adviser Services Limited ABN 96 002 071 749 trading as Garvan Financial Planning, registered office 105 – 153 Miller Street North Sydney NSW 2060, is an Australian Financial Services Licensee and member of the National Australia Bank group of companies. From time to time Garvan Financial Planning, members of the National Australia Bank group of companies, associated employees or agents may have an interest in or receive pecuniary and non pecuniary benefits from the financial products and services mentioned herein.