Australia

Details

  • Service: Tax, Topics, Federal Budget
  • Type: Business and industry issue
  • Date: 29/04/2014

Federal Budget 2014

Federal Budget 2014
KPMG's review of the major implications arising from the 2014 Federal Budget.

Federal Budget 2014: Perspectives in advance 

The message of this forthcoming Budget has been established in the last 6 months and is clear: we are in need of budget repair to set in place a sustainable future and all will need to share in the pain required to get there. With the Commission of Audit reporting soon, there’s sure to be intense interest in how the government responds and the policy direction they’ll set.
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The Federal Budget 2014 is important for businesses and you’ll need to understand how you’ll be impacted at every level. KPMG's pre-Federal Budget brief sets the scene for what may feature in the Budget to be announced on Tuesday 13 May 2014.


Key topics

  • September 2013 to December 2013 – the $77 billion dollar change.
  • Discretionary spend of governments.
  • Top 20 Federal Government programs – looking at the last 10 years and projecting to 2026-27.
  • Ten of Grattan Institute’s Top 20 tough choices.
  • Commission of Audit.
  • Treasurer's 'Case for Change' Speech of 23 April 2014.
  •  

    Early on 14 May, KPMG will publish its annual analysis of our national budget and what it means for sectors, industries and businesses.

 

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Federal Budget contacts

If you would like to discuss the 2014 Federal Budget, please contact your KPMG adviser or one of our KPMG professionals.

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