---
title: Federal Budget - 2023/24 | Insights & Analysis Report
description: In our Federal Budget 2023/24 - Insights & Analysis Report, we provide a detailed breakdown of the main measures; and how these changes may affect you and your business.
image: https://blog.agredshaw.com.au/hubfs/Federal%20Budget%202023_24.png
---

- [** info@agredshaw.com.au](mailto:info@agredshaw.com.au)
- [** 07 3002 2699](tel:0730022699)
- [** Pay Account](http://dev3.ignitionmedia.com.au/pay-account/)

x

[Archer Gowland Redshaw](https://agredshaw.com.au/)

Federal Budget - 2023/24 | Insights & Analysis Report

 

 

 

[Home](https://blog.agredshaw.com.au/) / Federal budget - 2023/24

# The Australian Federal Budget 2023/24

 

On Tuesday, 9th May, Federal Treasurer Hon. Jim Chalmers handed down the 2023/24 Federal Budget, a second delivered by the Albanese Government, providing an outlook into the Government's priority to create a "responsible and sustainable" economic strategy, in the face of continued inflation, rising cost-of-living, and global financial volatility.

Acknowledged as being the beginning of a multi-Budget Treasury plan to return the Australian economy back to a sustained and reoccurring surplus, the 2023/24 Budget revealed a predicted surplus forecast for the 2022/23 Financial Year - a first in 15 years.

The announced measures aim to balance appropriate restraint by the Federal Government, whilst addressing three key focuses of cost-of-living, growing the economy, and ensuring Australia's economic resilience. The measures also work to assist Australian's financially against continued slow financial growth and uncertainty.

In our Federal Budget 2023/24 - Insights & Analysis Report, we provide a detailed breakdown of the main measures across personal and business/corporate taxation, superannuation & retirement, and other industry measures; and how these changes may affect you and your business.

Should you require any further information or wish to book a complimentary consultation to review how the team at Archer Gowland Redshaw can help you at an individual or business level, please contact us on (07) 3002 2699 | [info@agredshaw.com.au](mailto:info@agredshaw.com.au).

 

________________________________________________________________________________________________________________________

## ![Federal Budget Report - Cover Page](https://blog.agredshaw.com.au/hs-fs/hubfs/Federal%20Budget%20Report%20-%20Cover%20Page.png?width=287&height=406&name=Federal%20Budget%20Report%20-%20Cover%20Page.png)

[![Download Full Report](https://hubspot-no-cache-ap1-prod.s3.amazonaws.com/cta/default/515062/c3d1053d-9bc3-4cd5-9e93-c92e5e5aec8e.png)](https://hubspot-cta-redirect-ap1-prod.s3.amazonaws.com/cta/redirect/515062/c3d1053d-9bc3-4cd5-9e93-c92e5e5aec8e)

## Subscribe to our Newsletter

![archer-gowland-redshaw-logo-reversed](https://blog.agredshaw.com.au/hs-fs/hubfs/Imported%20sitepage%20images/archer-gowland-redshaw-logo-reversed.png?width=248&height=107&name=archer-gowland-redshaw-logo-reversed.png)

- [Accounting & Tax Compliance](http://dev3.ignitionmedia.com.au/services/accounting-tax-compliance/)
- [Business Advisory](http://dev3.ignitionmedia.com.au/services/business-advisory/)
- [Family Office](http://dev3.ignitionmedia.com.au/services/family-office/)
- [Management Rights](http://dev3.ignitionmedia.com.au/services/management-rights/)
- [Superannuation](http://dev3.ignitionmedia.com.au/services/superannuation/)
- [Virtual CFO & Consulting](http://dev3.ignitionmedia.com.au/services/virtual-cfo-consulting/)

### Contact Us

- [07 3002 2699](tel:07%203002%202699)
- [info@agredshaw.com.au](mailto:info@agredshaw.com.au)

### Visit Us

- Level 3, 345 Ann Street, Brisbane QLD 4000
- Monday to Friday, 8:30AM – 5:00PM

Copyright 2021 Archer Gowland Redshaw. All Rights Reserved. Website by [Ignition Media](https://ignitionmedia.com.au).