The Australian Federal budget 2010

Budget 2010 at a glance

Tax Benefits

50% Tax discount for  first $1000 of investment income.
Tax relief for foreign investors in managed funds
Lodging your tax returns to become easier and everybody to get  default $500 to $1000 in deductions in a  phased ( 2012 – 2013 ) manner

Government Spending ( business)

$5.6 bn infrastructure fund  spending over for ten years
$1,bn for all freight projects which will benefit the mining sector
National network of primary care services.
$661 spending for training  for apprenticeships , training  ,adult literacy and numeracy programs
Penny Stocks 2010

~~ Stock Picks and Stuff from JJ ~~

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