That’s a wrap - end of year Australian tax legislative update

Alia Lum and Amanda Maguire outline recent tax legislative developments and look ahead to 2025.

Now that the Australian Parliament has finished sitting for 2024 and the end of the calendar year looms, we have reached a crucial juncture in relation to the various tax measures proposed by the current Federal Government since it came to office in May 2022. While Parliament is proposed to sit again in February 2025, given the possible timeframe for the next federal election, it could be that no further sitting weeks occur prior the election. We outline below the recent key tax legislative...

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Authors: Alia Lum, Amanda Maguire

Published Date: 04 December 2024