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2022 Federal Budget Factsheet

Published 30 Mar 2022
a woman handling money - federal budget

What’s in the factsheet?

When we reflect on the last three years of Federal Budgets, they were designed to tackle the immediate needs of the pandemic. With the budget deficit projected to sit at $36.9 billion for the 2022-23 financial year, one thing is on every business leader’s mind – what does the future look like?

On Tuesday, 25 October, Treasurer Jim Chalmers handed down Labor’s first Federal Budget in over a decade. With a strong focus on the future, the Budget is designed to target cost-of-living relief and prepare Australia for the impact of global economic uncertainty. With inflation set to peak the December quarter of 2022 at 7.75%, it’s clear that challenging times are still ahead of us. 

So, what does the recent Federal Budget mean for your business? If you’re looking for an easy-to-understand, quick-read version of the Australian Federal Budget as it relates to employers and employees, this is it. 

To download the factsheet, we just need a few quick details.
To download the factsheet, we just need a few quick details.
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