Federal Budget Overview 25/26

Federal Budget Overview 25/26

In his Budget Speech, Treasurer Jim Chalmers outlined a plan focused on easing the cost of living and building Australia’s future. Key initiatives include tax cuts, higher wages, expanded bulk billing, support for electricity bills, cheaper medicines, and reduced student debt. Additionally, the Budget prioritises strengthening Medicare, building more homes, investing in skills and education, and fostering a more resilient, productive economy. These efforts are aimed at addressing immediate needs while ensuring long-term growth and stability.

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