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Global conflict has severely disrupted global oil supplies and is contributing to higher inflation, slower growth, and extreme economic uncertainty at home and abroad. At the same time, there are big structural changes unfolding in areas like energy and technology, and longstanding challenges when it comes to productivity, intergenerational equity and access to home ownership that demand our attention. The 2026-27 Federal Budget seeks to help get us through global and local pressures.
Budget themes
- New tax cuts to help with the cost of living
- Helping with the cost of fuel
- More homes and a fair go for first home buyers
- More affordable and accessible healthcare
- Growing wages
- A better tax system for workers, first home buyers and future generations
- A better tax system for businesses
- A simpler and more sustainable tax system
- Securing the NDIS for future generations
- Better care for older Australians
- Strengthening Medicare
- Broadening opportunity and increasing equality
- Future Made in Australia
- A record funding boost for defence
- Building infrastructure for the future
- Responding to the Bondi attack
Budget papers
Budget 2026
