This year’s Federal Budget includes some of the most significant proposed tax reforms in recent years.

Importantly, many of the proposed changes include grandfathering provisions and transitional rules for existing investments and structures.

The 2024 Federal Budget has been released, and we have compiled all of the key information passed down by Treasurer, Jim Chalmers. The budget promises cost-of-living relief without fuelling inflation while trying to reshape the economy with its Future Made in Australia industry package.