Federal Budget Analysis & Summary 2009

Federal Budget 2009 Analysis & Summary

With an underlying deficit of $57.6 billion and the Government not expecting to see a return to surplus until 2015/16, this year's Federal Budget focused on stimulating the economy and protecting jobs.

The budget includes a number of changes to taxation, superannuation and government pension benefits. Key changes include:

	Reducing superannuation salary sacrifice concessions from 1 July 2009.

	Progressively increasing the age pension age to 67.

	Reducing the private health insurance rebate.

	Extending the First Home Owners Boost

	Introducing paid parental leave

	Download the Wealth Focus 2009 Federal Budget Summary as a PDF file (79KB) or...
	Watch an overview of the Budget with Gemma Dale, MLC technical expert, (flash file) (32Mb)

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