• The Australian Federal Budget 2022

Federal Budget 2022-23

When is the Australian Federal Budget 2022-23?

On Monday 29 November 2021 it was announced that the Federal Budget will be held earlier than usual on Tuesday 29 March 2022. It is normally delivered on the first Tuesday in May.

When is the Australian Federal Election?

The Federal Election date has not yet been announced; it is possible the election could be held the week following the Budget in early April.     

What can we expect in the 2022 Federal Budget?

The Federal Budget will be delivered in Parliament by Treasurer Josh Frydenberg. Being an election year, the Federal Opposition response, traditionally delivered two days after Federal Budget, will be closely watched.  

In the Morrison Government's Mid-Year Economic and Fiscal Outlook delivered on December 16, there were projections of a stronger-than-expected economic outlook, supported by sustained low unemployment rates and expected growth in real GDP. How the recent COVID-19 Omicron wave affecting much of the country impacts on these projections remains to be seen. Read our Tax team's comment on MYEFO

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Each year, BDO delivers a full analysis of the Federal Budget straight after it is handed down in Federal Parliament in Canberra, followed by a more in-depth webinar by our team of tax and business advisers. 

Follow BDO on LinkedIn and Twitter for all updates regarding the Budget and what it means for Australians.​ You can also subscribe, using the form below, to have the Federal Budget Report delivered to your inbox.

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