Episode #122: Federal Budget 2024 - what a second surplus means for Australian households

In this week's Federal Budget, the government announced a second consecutive surplus for the first time in 20 years amid questions over what will be done to arrest inflation. Join Shane and My as they unpack the winners and losers, looking at plans for A Future Made in Australia, housing affordability, cost of living pressures and what we can learn from the US Inflation Reduction Act. Important information: This podcast is general in nature and hasn’t taken your circumstances into account. It’s important you consider your personal circumstances and speak to a financial adviser before deciding what’s right for you. Any general tax information provided is intended as a guide only. Remember the value of investments may go up or down and you may not get back the amount you invested. The opinions and views featured in this podcast reflect the individual’s own. Date of publication 16 May 2024. AWM Services Pty Ltd ABN 15 139 353 496, AFSL No. 366121, part of the AMP Group.