Transparent. Tailored. Trusted.

On 11 May 2021, the Government handed down the 2021/22 Federal Budget. Whilst this marks a return to the traditional timing of the budgetary processes, it also reminds us that our economy and way of life have not returned to full normality post the events of COVID-19. Here's a synopsis of the Budget by Barwon Financial Planning Geelong.

This month, Barwon Financial Planning takes a look at personal tax changes following the 2020 Federal budget and what this means for you.

On 6 October 2020, the Government handed down the 2020/21 Federal Budget with the Treasurer outlining the economic recovery plan for Australia by providing tax relief, encouraging job creation, rebuilding our economy and securing Australia’s future as the dominate themes.

If you have reached Age Pension age and been an Australian resident for at least 10 years, you may be eligible to receive Centrelink Age Pension entitlements or other Government benefits.

Barwon Financial Planning steps through the details of the Age Pension in 2020.