On 11 May 2021, Treasurer Josh Frydenberg handed down the 2021-22 Federal Budget.

Treasurer Frydenberg’s third Budget delivered a clear message to voters that Australia’s economic engine is roaring back to life, the country is well placed to meet the economic challenges ahead and that this is a Government that can be trusted to build a more resilient and secure Australia.

The 2021-22 Federal Budget was squarely aimed at rebuilding the economy following the once-in-a-century global pandemic. Despite the devastating effects of the pandemic on the economy, the message delivered presented a brighter future.

The Budget focused on better support for business, job creation and infrastructure investment as well as record commitments on essential services, mental health, disability support and aged care – helping those that need it most.

FIA Business ADvisory and Finance Partner, HLB Mann Judd’s Federal Budget Alert provides a succinct summary of the announcements related to personal and business taxation, tax compliance and superannuation.

DOWNLOAD THE FEDERAL BUDGET ALERT