Friends With Money podcast bonus episode: Budget 2022 and you

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What does the 2022-23 Federal Budget have in store for you?

On this bonus episode of the Friends with Money podcast Money's Tom Watson sits down with Mark Chapman from H&R Block to chat about some of the features that may emerge from this year's budget. These include:

  • Extending the low and middle income tax offset (LMITO)
  • Continuing the temporary full expensing scheme for small businesses
  • Changes to the fuel excise
  • Introducing a one-off 'cost of living' payment

friends with money podcast bonus 2022 federal budget

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Tom Watson is a senior journalist at Money magazine, and one of the hosts of the Friends With Money podcast. He's previously worked as a journalist covering everything from property and consumer banking to financial technology. Tom has a Bachelor of Communication (Journalism) from the University of Technology, Sydney.

Mark Chapman is director of tax communications at H&R Block, Australia's largest firm of tax accountants, and is a regular contributor to Money. Mark is a Chartered Accountant, CPA and Chartered Tax Adviser and holds a Masters of Tax Law from the University of New South Wales. Previously, he was a tax adviser for over 20 years, specialising in individual and small business tax, in both the UK and Australia. As well as operating his own private practice, Mark spent seven years as a Senior Director with the Australian Taxation Office. He is the author of Life and Taxes: A Look at Life Through Tax.