Below are the key initiatives from the 2025-26 Federal Budget, handed down by Treasurer Jim Chalmers. To read our full informative guide, please click the link below.
The key initiatives include:
Energy
- $180bn to deliver a $150 energy bill rebate extension until the end of 2025.
Healthcare
- $8.5bn on Medicare for increases to Medicare payments, 50 new urgent care clinics, and a bulk billed GP service.
- $1.8bn over 5 years for cheaper medicines on the Pharmaceutical Benefits Scheme.
- $240m for women’s health - reproductive health and menopause
Education
- $500m to provide a 20% cut to HECS-HELP debt for students, and a realignment of the repayment schedule to reduce the amount required to be paid (from 1 July 2025).
Housing
- $800m to expand the ‘Help to Buy’ scheme reducing the size of the deposit required to buy a home by co-buying with the Government.
Families
- Three days of subsidised childcare for families with young children (income tested) from 1 January 2026 replacing the Child Care Subsidy activity test.
Lifestyle
- From August, the excise on beer will be frozen for 2 years.
Click here to download our full Guide