Federal Budget 2017/2018

The government has handed down a less contentious budget than those delivered over recent years. If budget measures generate less community debate and not obstructed by the Senate then confidence levels will be supported. At present, business conditions are at 9-year highs with business confidence at 7-year highs.

Increased spending on infrastructure is positive for a raft of industry sectors including building materials, transport, industrials, developers & contractors and consumer discretionary sectors.

The support for first home buyers including funding of crucial infrastructure and release of land should support builders, contractors and developers.

 

Federal Budget snapshot

snapshot

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The Federal Budget

REPORT: Federal Budget 2017/2018

This year the mantra is “Making the right choices”.
And terms like fairness, opportunity and security are effectively sub-themes of the budget.
 

CHARTPACK: Budget trends

A collection of up-to-date charts on the Australian and international economies, financial markets & Federal Budget trends.
 

VIDEO: What it means for investors

CommSec Market Analyst James Tao provides analysis about how this year's budget could impact the Australian sharemarket, including the $6.2bn bank levy.

REPORT: What does it mean for families

Treasurer Scott Morrison’s second Federal Budget had a heavy emphasis on education, healthcare and welfare reforms.

REPORT: Affordable housing impacts

Focuses on proposals to address housing supply and provide tax cuts for people saving to buy a first home.

REPORT: Small business impacts

Tax concessions and a boost to productivity were key highlights for small businesses in this year’s Federal Budget.

REPORT: CommBank Insights

Our Budget Chartpack covering the main features of the 2017 Budget. The Budget has not dramatically reshaped the fiscal landscape.
 

REPORT: Innovation spendings

The big themes for Australian business in this year’s budget have been delivered – led by infrastructure spending and prospect of lower tax.
 

REPORT: Infrastructure spending boost

Road, rail & airport initiatives across Australia, along with the introduction of a new Infrastructure and Projects Financing Agency, for basis of infrastructure plans.