#Budget2018

Every Budget has a narrative and a seduction: this was one of few surprises

Each Federal Budget has a narrative and a seduction. Sometimes the narrative resonates. For some budgets, there is a mismatch, rightly or wrongly.

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Removal of default insurance in super could damage the system for little benefit

KPMG is concerned the Budget announcements surrounding the removal of default insurance in super for people under the age of 25, plus inactive accounts and small balances will damage the overall system for relatively little benefit.

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Insurance in super & R&D #Budget2018

KPMG is concerned that the Budget announcements surrounding the removal of default insurance in super for people under the age of 25 will damage the overall system for relatively little benefit.

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A budget of few surprises

This was a budget of few surprises. The main revenue raisers are through the black economy measures – which we welcome.

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