ABC News – Australia
·australia
·2 hours ago
Your five-minute guide to this year's cost-of-living budget measures
Australia's federal budget introduces a Working Australians Tax Offset providing up to $250 annual tax relief for 13 million workers from 2027–28, combined with an instant $1,000 work-related tax deduction starting 2026–27. Treasurer Jim Chalmers said measures will "take pressure off Australians" facing cost-of-living pressures. The government also increased Medicare levy thresholds and invested $5.9 billion in cheaper medicines.
Summary by Glance · ABC News – Australia
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