Finance & Fury Podcast

Welcome to Finance and Fury Today will be a quick update for the upcoming election and policies in response to the budget plans released last week. This election is becoming a battle for votes among salary earners. In the past we have talked about class warfare strategy – it’s a tactic being used by both major parties. Breakdown: Where is each party is hanging their hats with incomes and taxes? Liberals announced tax cuts at the last budget last year Frydenberg’s affirming even more tax cuts for individuals and businesses, spending on education and infrastructure A reward for effort, aspiration, and enterprise, upholding personal responsibility and providing a helping hand where needed Next generation does not have to pick up the tab for the last generation Liberals are promising other things too like a budget surplus of $7.1bn which is a massive turnaround from 6 years ago when they took office Tax original plan under Liberals: Provide immediate relief by increasing tax offset Protect income earners from