Business advice
and accounting

Our purpose is to help you on your journey as you grow. Learn more about our history, partners and purpose.

Our purpose is to help you on your journey as you grow. Learn more about our history, partners and purpose.

Your partners for Business Service and Advisory, Taxation, Audit, Fraud and Risk.

Whatever your business, industry or family office, from local or international institutions we bring extensive expertise.

We're one team with a purpose and passion for what we do. Learn about our culture and career opportunities available to you.

Uncovering insights, trends and inspiration to help business grow in an ever-changing world.

We are always looking for ways to engage and give back to our community.

Telephone: +612 9283 1666
Email: admin@esvgroup.com.au

Level 13, 68 York Street,
Sydney NSW 2000

Why us

Our purpose is to help you on your journey as you grow. Learn more about our history, partners and purpose.

What we do

Your partners for Business Service and Advisory, Taxation, Audit, Fraud and Risk.

Who do we help

Whatever your business, industry or family office, from local or international institutions we bring extensive expertise.

Work with us

We're one team with a purpose and passion for what we do. Learn about our culture and career opportunities available to you.

What we think

Uncovering insights, trends and inspiration to help business grow in an ever-changing world.

Working to give back

We are always looking for ways to engage and give back to our community.

Contact us

Telephone: +612 9283 1666
Email: admin@esvgroup.com.au

Level 13, 68 York Street,
Sydney NSW 2000

Federal Budget 2024 - our expert analysis

15 May 2024

by David Prichard

Treasurer Jim Chalmers has handed down his third Budget with a second surplus, again driven by higher commodity prices, low unemployment, and wage growth.

The media spin in the week preceding the Budget was for a balancing act between “cost of living” support for individuals whilst avoiding inflationary pressures. The Treasurer was bold in his predictions that his Budget would not drive inflationary pressures and has provided sound bites that the RBA are incorrect with inflation forecasts.

The timing and application of the cost-of-living measures would appear to show this is a pre-election budget, designed to give voters a stimulus prior to the next Federal election. The energy bill relief measure is a short-term fix designed to reduce inflation and give the RBA room to move on interest rates generating a feel-good factor in an election year.

Click to view our expert analysis – ESV Budget Special May 2024