As Australians prepare to head to the polls, the government unveiled its 2025-26 federal budget, which promises further relief for all taxpayers, as well as some incentives for families with kids in early childhood education, student debt holders and beer drinkers. Here’s a breakdown of some of the winners and losers in Treasurer Jim Chalmers’ pre-election fiscal blueprint.
The Australian 2025-26 federal budget includes extended tax cuts, increased Medicare funding, incentives for families with early childhood education, student debt holders, and beer drinkers. Winners include healthcare users, low-income earners, and women accessing health services. Losers include foreign buyers of established homes, and there are limited new defense spending announcements. The budget aims to address the housing crisis but may impact inflation.
