2022 Federal Budget summary

Budget update 2022

Last night, 29 March 2022, the Federal Treasurer handed down the Government’s last Budget before the Federal Election is to be called.

As expected, it includes plenty of 'sweeteners' to encourage the electorate to consider the incumbent government in a favourable light come election day, due to be held by 21 May 2022, at the latest.

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The analysis looks at areas of interest including the state of the economy, the fiscal outlook, superannuation, taxation, and welfare measures.

It goes without saying the Budget announcements are not a fait accompli. They are subject to the successful passage of legislation, which will not be passed until after the election. And that assumes the current government is returned to form the 47th Parliament.

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