SBS News – Australia ·australia ·2 hours ago

Your 5-minute guide to the budget: Key changes Australians should know

Australia's federal budget delivered a $250 annual tax offset for 13 million workers from 2027-28, with Treasurer Jim Chalmers calling the reforms the most ambitious in 26 years. Capital gains tax rules change July 2027, replacing the 50 percent discount with cost base indexation and a 30 percent minimum.

Summary by Glance · SBS News – Australia

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