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Ai Group Budget Analysis

Ai Group comment: Budget Stimulus Welcome in Slowing Economy (Media Release - 2 April, 8pm)

Federal Budget Proposals for Business

Tax changes for business: company tax rates and thresholds
Tax changes for business: extension of immediate tax deductibility for assets
Tax changes for individual taxpayers: personal income tax rates and thresholds
Measures to support employment, skills, education and training
Measures affecting industry, technology, science and innovation
Measures to support international trade and investment
Measures to support defence industries
Measures to address energy markets and climate change
Changes to permanent immigration program: annual quota reduced to 160,000 people, increased incentives to study and settle in regional locations
New infrastructure announcements: heavy focus on roads and rail
Budget balance and debt: mining-related tax revenues doing the heavy lifting
Economic forecasts: slower economy and a slower outlook

In The Media

This will be updated throughout the night.

Ai Group Chief Executive Innes Willox joins Fran Kelly for Federal Budget Analysis, ABC Radio National

Innes Willox provides Budget comment to ABC Radio AM

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Submissions & Pre-Budget Comment

Ai Group 2019-20 Federal Budget Submission

Ai Group Pre-Budget submission: Go easy on the brakes (Media Release - 10 Feb)
Senate inquiry right that R&D cuts are wrong (Media Release - 12 Feb)
Emissions fund top-up positive bridging step (Media Release - 25 Feb)
Migration program changes a plus for regions but potential loss for economy (Media Release - 20 Mar)
EMDG announcement dollars well spent (Media Release - 29 Mar)