BONUS EPISODE! 

Ben asks all the smart questions and Pete unpacks Budget 2024 in 15 minutes! 

Key Takeaways:


The 2024 Budget offers immediate financial relief for individuals through tax cuts, HECS debt readjustments, and energy bill rebates.


There is an emphasis on sustaining economic measures that will not exacerbate inflation, keeping in mind the impact on the Reserve Bank's interest rate decisions.


Long-term considerations include structural deficits due to ongoing commitments and whether future tax increases or service reductions might be necessary.


The government's forward-facing plans, such as the Future Made in Australia initiative, aim to shift the economic focus towards sustainable and clean energy.


The complexity of government budgeting is compared to personal finance management, highlighting the need for a balance between current benefits and future stability.

Join the Money: Faith and Finance Group on Facebook here!

Always love your questions. Contact the Money: Faith and Finance team and we will aim to get back to you in a future episode.

Pete Burrows is an accountant for small business and individuals with Lower Russell and Farr in Penrith, Western Sydney, Australia.

Ben McEachen hosts Hope Mornings on Hope 103.2FM in Sydney, Australia.

BONUS EPISODE! 
Ben asks all the smart questions and Pete unpacks Budget 2024 in 15 minutes! 
Key Takeaways:
<ul>
<li>
The 2024 Budget offers immediate financial relief for individuals through tax cuts, HECS debt readjustments, and energy bill rebates.
</li>
<li>
There is an emphasis on sustaining economic measures that will not exacerbate inflation, keeping in mind the impact on the Reserve Bank's interest rate decisions.
</li>
<li>
Long-term considerations include structural deficits due to ongoing commitments and whether future tax increases or service reductions might be necessary.
</li>
<li>
The government's forward-facing plans, such as the Future Made in Australia initiative, aim to shift the economic focus towards sustainable and clean energy.
</li>
<li>
The complexity of government budgeting is compared to personal finance management, highlighting the need for a balance between current benefits and future stability.
</li>
</ul>
Join the <a href="https://www.facebook.com/groups/moneyfaithandfinance">Money: Faith and Finance Group on Facebook here!</a> Always love your questions. Contact the Money: Faith and Finance team and we will aim to get back to you in a future episode.
Pete Burrows is an accountant for small business and individuals with <a href="https://www.lrf.com.au/">Lower Russell and Farr</a> in Penrith, Western Sydney, Australia. Ben McEachen hosts <a href="https://hope1032.com.au/programs/hope-mornings/">Hope Mornings on Hope 103.2FM</a> in Sydney, Australia.

Money: Faith & Finance explores the profound and practical of everyday finances. In every episode, we explore the real-life impact of everything from superannuation to stewardship, the World Bank to your wallet – and what does God have to say about money?

Welcome to the profit, loss and real balance sheet of wherever money intersects with you.

Pete Burrows is an accountant for small business and individuals with Lower Russell and Farr in Penrith, Western Sydney, Australia.

Ben McEachen hosts Hope Mornings on Hope 103.2FM in Sydney, Australia.

Money: Faith &amp; Finance explores the profound and practical of everyday finances. In every episode, we explore the real-life impact of everything from superannuation to stewardship, the World Bank to your wallet – and what does God have to say about money? Welcome to the profit, loss and real balance sheet of wherever money intersects with you.
Pete Burrows is an accountant for small business and individuals with <a href="https://www.lrf.com.au/">Lower Russell and Farr</a> in Penrith, Western Sydney, Australia. Ben McEachen hosts <a href="https://hope1032.com.au/programs/hope-mornings/">Hope Mornings on Hope 103.2FM</a> in Sydney, Australia.

Money: Faith & Finance

Listen to more from our Hope Podcasts collection at hopepodcasts.com.au. And send the team a message via Hope 103.2’s app, Facebook or Instagram.

This podcast is not offering financial or investment advice. It's always best to do your own research and to consult a professional financial or investment advisor before making any financial or investment decisions.

Listen to more from our Hope Podcasts collection at <a href="http://www.hopepodcasts.com.au/">hopepodcasts.com.au</a>. And send the team a message via <a href="https://hope1032.com.au/listen/#apps">Hope 103.2’s app</a>, <a href="https://www.facebook.com/Hope103.2">Facebook</a> or <a href="https://www.instagram.com/sydneyshope1032/">Instagram</a>. This podcast is not offering financial or investment advice. It's always best to do your own research and to consult a professional financial or investment advisor before making any financial or investment decisions.

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