On Thursday, June 22, AustCham Korea hosted a special economic webinar update with IFM Investor’s Chief Economist, Alex Joiner, and IFM Investors’ Director & Branch Representative for Korea, Kelly Lee.

With a modest surplus of A$4.2 billion (the first surplus in 15 years), the recently announced 2023-24 Australian Federal Budget is set to place significant revisions across a wide range of areas, including corporate taxation, banking, superannuation, infrastructure, healthcare, defence, environmental sustainability, and more.

This highly informative session aimed to provide attendees with a snapshot of the broader Australian economy, its outlook and what it means for industry and business enterprises.