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FEDERAL BUDGET 2017 SPECIAL: Here's everything you need to know
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Tuesday, 9 May 2017
Trip Guide News
Good evening. H
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BUDGET 2017: WHAT YOU NEED TO KNOW
All you need to know -- right here.
BUDGET 2017: Treasurer Scott Morrison's budget speech in full
Read it here.
This is why Scott Morrison sees 'better days ahead' for Australia
A big theme is that our economy is getting stronger.
BUDGET 2017: The ATO has already squeezed $2.9 billion from several multinational companies
The campaign against multinationals to ensure they pay their fair share of tax is intensifying.
Moody's says Australia's fiscal strength is high, a key support for its AAA credit rating
Moody's has given its tick of approval.
CHART: The key economic forecasts in Scott Morrison's federal budget
The papers anticipate that growth will lift following the effects of a number of weather-related events in 2016-17.
Here's how the new $6 billion tax on the banks will work
Here's what we know about it.
Here is Scott Morrison's plan to get the budget back to surplus using 'good' and 'bad' debt
These are the basics of 'good' and 'bad' debt.
Here's how the 2017 budget has changed the rules in the housing game
Affordability has become a headline issue.
The Turnbull government wants to invest $75 billion in infrastructure, including a Melbourne to Brisbane rail line
The plans include a new airport, and a rail lline all the way from Victoria to Queensland.
The government wants young people to use superannuation to save for a home
A tax break for people saving for their first home is coming.
Taxpayers will spend $13.2 million to make sure politicians don't cheat on their parliamentary expenses
The cost works out at nearly $59,000 per politician.
NEW TAX, BONUSES HELD FOR YEARS: Australia's top bankers are the budget's biggest losers
This tax will help fill repair a hole in the federal government's revenue.
Here's the big picture on education spending from the budget
Funding for schools will increase by $18.6 billion over the next decade.
Australian politicians have had their overseas pocket money cut by $37 million
The money will be redirected to repair the budget and fund policy priorities.
Scott Morrison is getting rid of GST on digital currencies like Bitcoin
The decision is a turnaround from just three years ago.
How the 2017 budget will affect millennials who like smashed avocado toast
Changes to agricultural production levies affect avocados, bananas, seed cotton, tree tree oil, thoroughbred horses and egg-laying chickens.
The Turnbull government wants to extend crowdsourced equity funding to private companies
Startups that access crowdfunding will have to meet certain conditions.
Australia's startup sector says the budget has abandoned Turnbull's 'innovation agenda' after just one year
They say the budget lacked support for innovation and entrepreneurship.
A new visa will let citizens bring their foreign-born parents to Australia for up to 5 years
The temporary sponsored parent visa will begin in November 2017, with 15,000 visas available annually.
People who smoke 'rollies' because they think it's cheaper are about to be taxed the same amount as packet cigarettes
Rollies are about to become more expensive.
The Turnbull government wants to drug test young people on welfare
Agreeing to the testing will be a condition of receiving the payment.
FinTech Australia loves what the budget will do for fintech startups
They've declared the budget a winner, .
A simple guide to reading the federal budget papers
They are hefty even in a digital form and finding anything can be challenging.
Business Insider Australia © 2017
Allure Media
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