Budget 2025-26 - Show me the money
- Worldwide Advisory
- Mar 26
- 1 min read
Budget 2025-26 is one that the government clearly did not expect to have to deliver.
It features a modest personal income tax cut of up to $268 in 2026-27, with a tax saving of up to $536 from the 2027-28 year, and over $20bn in predominantly preannounced spending initiatives across energy, healthcare, education, families and housing.
The impending tax on super balances above $3m remains in place for 1 July 2025. As does the $20,000 instant asset write-off for small business that is supposed to apply to the current financial year. Neither initiative has passed Parliament and if not passed prior to the election being called, will lapse.
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