The 2025/26 Federal Budget was delivered on Tuesday, 25 March 2025. 

The NTAA emailed a Budget Summary to our members that night, and the Federal Budget is also discussed in the April 2025 Edition of Tax on the Couch — refer to page 17 of April edition of Voice. 

The Budget was modest, but included the following important measures (among others): 

• New tax cuts for individual taxpayers in the 2027 and 2028 income years; 
• Extending energy bill relief by providing eligible households and small businesses with two $75 bill rebates directly off their electricity bills until 31 December 2025; 
• Pausing indexation on draught beer excise and excise equivalent customs duty rates for a two-year period (from August 2025); and 
• Providing $999 million over four years to the ATO to extend and expand tax compliance activities.