Show Me The Money – and the 2025 - 26 Federal Budget does its best Jerry Maguire impression. There are
“modest” tax cuts ($268 next year, $536 the year after), a $150 energy rebate, and a two-year beer excise freeze to keep spirits high.
Medicare picks up $8.5bn and thresholds increased for low-income earners, students score a 20% HECS-HELP cut, and the ATO secures nearly
$1bn to chase compliance - expected to return triple. With a $42.1bn deficit and slow growth at 2.25%, it’s less “big payday,” more steady
hustle. The Government’s banking on one thing: that voters, like Rod Tidwell, just want to be loved - and
funded.
If we can assist you to take advantage of any of the Budget measures, or to risk protect your position, please let us know.
Treasury has released exposure draft legislation for Payday Super that will require employers to pay superannuation at around the same time as salary and wages are paid to the employee. The changes are proposed to commence from 1 July 2026.