Each budget has a theme. Last year the theme of the budget was “Making the right choices”. This year, and with the finances in far better shape, the government is looking to invest in the future. The theme is “Plan for a stronger economy.” But the sub-theme is 23.9: the aim to keep tax receipts below 23.9 per cent of GDP.

So while extra dollars are being spent on infrastructure – roads, railways etc. – at the same time, the government has also mapped out reforms of the personal tax system over the next seven years.

Federal Budget Snapshot

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The Federal Budget

'Plan for a stronger economy'

CommSec's Economists review the key measures of Federal Budget 2018-2019, including the winners and losers and what it could mean for your investments. 

2018/2019 Federal Budget trends

CHARTPACK: A collection of up-to-date charts on the Australian and international economies, financial markets & Federal Budget trends.

Impact on the sharemarket  

CommSec Senior Economist Ryan Felsman provides analysis about how this year's budget could impact the Australian sharemarket.

Analysis: Federal Budget 2018

Our panel of experts analyse and discuss the 2018 Federal Budget's implications for the economy and markets.

Tax cuts, more spending & a surplus

CHARTPACK: Commonwealth Bank's Economic team provides its overview of key numbers and themes for Federal Budget 2018-2019.

Business and Innovation

Read CBA's insights into the Federal Budget's agenda for businesses around infrastructure, innovation and investment with a view to global competitiveness.

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Disclaimer

This site is directed and available to and for the benefit of Australian residents only. © Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814 ("CommSec") is a wholly owned, but non guaranteed, subsidiary of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 and both entities are incorporated in Australia with limited liability.

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