28/03/2025
💰 Federal Budget 2025-26: For Votes or the Future?
🚨 Headline act: Personal income tax cuts—but only $268 savings in 2026-27 & $536 from 2027-28. Meanwhile, the ATO gets $1bn to boost compliance.
💸 What’s in limbo?
🔹 Super tax: 30% tax on balances over $3m
🔹 $20k instant asset write-off for small business
🔥 Key spending:
✅ Energy: $150 rebate extended until end of 2025
✅ Healthcare: $8.5bn for Medicare, bulk billing & urgent care
✅ Education: 20% HECS-HELP debt cut & easier repayments
✅ Housing: $800m for ‘Help to Buy’ scheme
✅ Families: 3 days of subsidised childcare from 2026
✅ Lifestyle: 2-year beer excise freeze 🍻
📉 The economy?
Growth: 2.25% (2025-26) → 2.5% (2026-27)
Deficit: -$42.1bn
Trade tensions = more uncertainty
Election incoming—does this Budget deliver real reform or just quick wins? Drop your thoughts 👇