Federal Budget 2025-26

Glimpses of relief for voters but business ignored – again
In a Federal Budget handed down mere weeks before the election, voters have received some cost of living relief, but businesses have been ignored again.
This year’s Budget yet again lacks a vision for addressing critical economic challenges, with no meaningful tax reform and no support to withstand the pressures facing businesses in an increasingly complex global marketplace. This represents another lost opportunity to stimulate investment and growth for businesses.
Stuart Dall provides a quick breakdown of the key takeaways.
Fast facts
Tax cuts
$17b in tax cuts. Average taxpayer $2,548 better off.Energy rebates
$1.8b energy rebates. $150 for each household and small business.HECS relief
$19b student loan forgiveness. Forgive 20% from each student loan.Affordable housing
$6.3b for first homes. Support for 40,000 Australians through the ‘Help to Buy’ scheme.TAFE
$1.6b for TAFE. 100,000 free TAFE spots per annum.Defence
$50b for defence. Supporting defence programs over the coming 10 years.NBN
$3b for NBN. Complete the roll out for regional Australia.Clean energy
$3b for Future Made in Australia. Supporting investment in clean energy and green metals.Replay our Federal Budget 2025-26 webinar for clear analysis on its implications for your business, the economy, and the broader landscape, featuring insights from Pitcher Partners Sydney.
The Budget has provided some superficial relief for voters ahead of the Federal election, but businesses have once again been ignored.
This lack of a vision for addressing critical economic challenges is another lost opportunity for business.

Few new tax measures were announced in this year’s Federal Budget. Our tax experts have summarised the key takeaways impacting middle market businesses and what they may mean for you.

Pitcher Partners insights
Get the latest Pitcher Partners updates direct to your inbox
