The 2025-26 Federal Budget was handed down by Federal Treasurer, Dr Jim Chalmers on the evening of Tuesday 25 March 2025.
Lowe Lippmann is pleased to provide the following commentaries, explaining the key issues released in the budget.
This Federal Budget has been unique, compared to recent years, being very light on proposed tax changes. This is due to the impending Federal Election in the next few months, with substantial proposed tax changes likely being withheld for now to be used as election promises. For now, there are minimal tax changes that will have significant impact today, but we expect (and encourage) some significant tax reform be considered by the current Federal Government sooner rather than later.
For further clarification, contact your Relationship Partner at Lowe Lippmann.
Please do not hesitate to contact your Lowe Lippmann Relationship Partner if you wish to discuss any of these matters further.
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