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2014 Budget - Personal Finance Summary
 
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Opening Comments

The first budget for the new coalition government has as expected provided some significant changes as well as confirming changes that had been widely anticipated.   This summary will look at the following major changes grouped into three main areas – retirement planning, tax planning and government benefit planning:

Tax Planning

Retirement Planning

Government Benefit Planning

Summary of major strategy considerations

Here are some possible strategy modifications arising from this year’s budget.