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News

2024 Federal Budget Summary

On the evening of 14 May 2024, the Government delivered what is possibly its last Budget in the current parliamentary term. The next election is expected to be held either late this year or early in 2025.

Inflation, cost of living pressures, and housing all continue to dominate the fiscal landscape, impacting the lives of Australians. 

The key challenges addressed in this year’s Budget include:

  • Easing cost of living and inflationary pressures,

  • Building more houses,

  • Strengthening Medicare and the care economy.

Learn more about the key announcements and potential reforms in our update below.

Luke Kidd