SBS News – Australia
·australia
·2 hours ago
Who are the winners and losers of the 2026 federal budget?
Australia's 2026-27 federal budget, announced by Treasurer Jim Chalmers, delivers $833.2 billion in spending with a $28.3 billion deficit. Working Australians gain a $250 tax offset from July 2027, while small businesses can claim tax refunds on investment losses. The budget increases aged care beds by 5,000 and raises the passenger movement charge from $10-$70 to $70-$80 effective 2027.
Summary by Glance · SBS News – Australia
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