The Federal Treasurer Joe Hockey has handed down his second Federal Budget. In recent years one of the least surprising days of the year has been Budget night, from a business and tax perspective at least. It's pretty much standard practice now that the most significant Budget measures are either announced as separate packages, or otherwise 'leaked' prior to the Budget announcement, presumably to manage expectations and test the waters a little. This year is no exception.
Read our full summary of the tax and business highlights here.