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Please see below contact details for all our member firms or for more information about your local MGI firm click on the relevant website links to get further details.

For all enquiries relating to MGI Australasia, please contact our Regional Director, Caterina Sullivan.

Our Offices

MGI Adelaide

212 Greenhill Road,
Eastwood SA 5063

PH: +61 8 8299 8888

Fax:

http://www.mgiadelaide.com

MGI Auckland

Level 2,
Fidelity House,
81 Carlton Gore Road,
Auckland

PH: +64 9 377 1362

Fax:

www.mginz.co.nz

MGI Cairns

225 Sheridan Street,
Cairns North

PH: +61 7 4047 4000

Fax:

http://www.mgicairns.com.au

MGI Joyce|Dickson

Level 1
65 Canberra Avenue,
Griffith ACT 2603

PH: +61 2 6162 2600

Fax:

http://www.mgijd.com.au

MGI Gold Coast

Ground Floor,
64 Marine Parade,
Southport, QLD 4215,
Australia

PH: +61 7 5591 1661

Fax:

http://www.mgisq.com.au

MGI Parkinson

Level 1,
322 Hay Street,
Subiaco, WA 6008

PH: +61 8 9388 9744

Fax:

http://www.mgiparkinson.com.au

MGI South Queensland

Level 1,
200 Mary Street,
Brisbane, QLD 4000,
Australia

PH: +61 7 3002 4800

Fax:

http://www.mgisq.com.au

MGI Sydney

Level 5,
6 O'Connell Street,
Sydney, NSW 2000

PH: +61 2 9230 9200

Fax:

www.mgisyd.com.au

Dobbyn + Carafa

Level 9,
636 St Kilda Rd
Melbourne VIC 3004

PH: +61 3 9069 7700

Fax:

www.dobbyncarafa.com.au

Enquiries

Read our recap of the budget in full detail here.

Treasurer Josh Frydenberg delivered the 2022-23 Federal Budget on 29 March 2022. Whilst there are still clouds of uncertainty, both globally and locally, this year’s budget moves on from the emergency response of the last two federal budgets, as the government now looks forward to rebuilding the economy.

The budget offers limited reforms or change for business, and despite the looming election, it is certainly not a big-spending cash-splash, though there are some modest sweeteners with one-off payments and tax offsets for a large number of voters.

Small and medium-sized businesses will enjoy a 120% deduction on eligible expenditure to encourage investment in technology, skills and training.

Key proposals for SME and private clients include:

SMEs and Employers

  • Temporary Full Expensing will end on 30 June 2023 – no further extension
  • Skills and Training Boost – 120% deduction for eligible expenditure
  • Technology Investment Boost – 120% deduction for eligible expenditure
  • Expanding access to employee share schemes

Private Clients

  • One-off $420 cost of living tax offset – increasing the LMITO to $1,500 for individuals
  • LMITO cancelled moving forward – not available in FY23
  • One-off $250 cost of living payment to pensioners
  • Superannuation minimum drawdown – 50% reduction extended to 30 June 2023

Other Snapshots

  • Overhaul of the PAYG Instalment system
  • Temporary 50% cut to the fuel excise – for 6 months from 30 March 2022
  • Carbon farming income to be treated as primary production income
  • Expansion of the Patent Box innovation concessions
  • Apprentice wage subsidy extended
  • $9.9B investment in cybersecurity capabilities
  • Funding for insolvency reform

This budget analysis was compiled by MGI Parkinson.