2025-26 Federal Budget Highlights
The Federal Treasurer, Dr Jim Chalmers, handed down the 2025–26 Federal Budget at 7:30 pm (AEDT) on 25 March 2025.
Guided by 5 main priorities, including helping with the cost-of-living, building more homes, and investing in education, the Budget includes 2 new personal tax cuts for all Australian individual taxpayers, increased Medicare levy thresholds, a ban on foreign individuals buying existing homes and a proposed reduction to student debts.
Being the government’s last Budget before the expected federal election, the start dates of a number of previously announced but unenacted tax measures have been deferred until amending legislation is enacted.
Described by the Treasurer as a “plan for a new generation of prosperity in a new world of uncertainty”, the Budget did not include any new measures affecting the taxation or regulation of superannuation or new income tax measures affecting small businesses.
Our technical team has provided a summary of the key measures from the budget, please click on the link below to read our summary.
If you have any questions, please contact your Bell Partners Adviser.
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