Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Money

2025 Budget: Tax cuts, benefits, and key impacts

“2025 Federal Budget: Winners Include Taxpayers, Students; Losers Are Small Businesses and Welfare Recipients Amid Election Focus.”

Published

on

2025 Federal Budget: Winners include taxpayers, students; Losers are small businesses and welfare recipients amid election focus.

In Short

The 2025 Federal Budget includes tax cuts for individuals and support for low-income earners, a $450 energy rebate, and reductions in student loans for graduates.

However, small businesses may struggle with removed tax benefits, and welfare rates remain the same, highlighting the government’s mixed priorities before the election.

The Federal Budget for 2025 reveals significant changes for the economy, emphasising pre-election commitments from the Labor government.

Taxpayers will receive modest tax cuts, resulting in approximately $5.15 extra weekly for those earning around $79,000. Low-income earners will also benefit from decreased tax rates over the next few years.

An extended $300 energy rebate, now totaling $450, aims to assist households through 2025.

University graduates will see 20% of their student loans erased, alongside raised income thresholds for compulsory repayments. The free TAFE program will continue, offering 100,000 places annually from 2027.

Construction workers

Apprentices in construction and related fields will receive $10,000 upon completion of their training. The budget includes measures to boost bulk-billing GP appointments, aiming to offer 90% of visits at no cost.

The Pharmaceutical Benefits Scheme will introduce caps on medicine costs and include new medications, further aiding cost relief for Australians.

Funding will also support healthcare staff and build additional Medicare urgent clinics.

Families will benefit from subsidised childcare, with funds allocated to expand services.

Asset write-off

However, small businesses may feel the impact of the eliminated instant asset write-off.

Welfare rates remain unchanged, disappointing advocates for higher support.

Additionally, Labor plans to phase out live sheep exports by 2028, aiming to ensure a smooth transition for the industry.

Overall, the budget presents an array of winners and losers, reflecting the government’s priorities ahead of the upcoming election.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

Money

Markets tumble as Trump tariffs, Greenland rhetoric and Europe backlash collide

U.S. stocks plummet over 800 points amid renewed tariff threats and political tensions from Trump, sparking global trade concerns.

Published

on

U.S. stocks plummet over 800 points amid renewed tariff threats and political tensions from Trump, sparking global trade concerns.


U.S. equities took a sharp hit as markets reacted to renewed tariff threats and heightened political rhetoric from President Donald Trump. The Dow plunged more than 800 points, with the S&P 500 and Nasdaq also sliding as investor nerves rattled risk assets.

The sell-off highlights growing concern around global trade tensions and geopolitical uncertainty, with markets struggling to price in what comes next for U.S. economic leadership and policy direction.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#USMarkets #WallStreet #TrumpTariffs #GlobalMarkets #USDebt #Europe #Davos #Ticker


Download the Ticker app

Continue Reading

Money

Gold hits record highs as investors flee risk

Gold surges amid global uncertainty, with February futures rising 1.71% to $4,674.20 per ounce, signaling safe-haven demand.

Published

on

Gold surges amid global uncertainty, with February futures rising 1.71% to $4,674.20 per ounce, signaling safe-haven demand.


Gold is shining brighter than ever as investors flock to safe-haven assets amid global uncertainty. U.S. gold futures for February delivery jumped 1.71% to $4,674.20 per ounce, while spot gold rose 1.6% to $4,668.14.

The surge comes as geopolitical tensions continue to worry traders, prompting a rush into metals perceived as stable and secure. Analysts say gold is proving its status as the ultimate hedge during turbulent times.

Investors are closely watching markets as gold sets new benchmarks, signalling growing caution across the financial landscape.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#GoldRally #SafeHaven #InvestingTips #FinancialMarkets #GoldPrices #GlobalEconomy #MarketUpdate #TickerNews


Download the Ticker app

Continue Reading

Money

Markets edge higher as 10-year yields hit new highs

Major stock indices rise slightly; 10-year Treasury yield hits 4.23% amid Fed Chair speculation, affecting small and mega-cap stocks.

Published

on

Major stock indices rise slightly; 10-year Treasury yield hits 4.23% amid Fed Chair speculation, affecting small and mega-cap stocks.


All major stock indices are starting the week slightly higher, giving investors cautious optimism. Analysts are keeping an eye on movements in small caps and mega-cap tech stocks amid these early gains.

The yield on the 10-year Treasury note has climbed to 4.23%, the highest since last September. This follows Kevin Warsh emerging as the frontrunner for the next Federal Reserve Chair, sparking speculation on future monetary policy.

Rising yields could trigger a pullback in small-cap stocks, while investors may pivot toward mega-cap tech, expected to deliver strong earnings growth. Overall, the market is likely to see a neutral to slightly bearish trend next week due to overbought conditions.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#StockMarket #FinanceNews #TreasuryYields #FederalReserve #TechStocks #SmallCaps #InvestingTips #MarketUpdate


Download the Ticker app

Continue Reading

Trending Now