| Date / timing | Measure (summary) |
|---|---|
| From 1 July 2025 (retrospective) | Increase Medicare levy low-income thresholds for singles, families, and seniors and pensioners by 2.9%. |
| From 1 January 2026 (retrospective) | Global Anti-Base Erosion Rules (Pillar Two) Side-by-Side Package Implementation. |
| From 1 April 2026 (for 3 months) | Temporary reduction of fuel excise and heavy vehicle road user charge. |
| 2025–26 to 30 June 2027 | Extend Small Business Debt Helpline and mental health coaching program. |
| From 1 July 2026 (2026–27 income year) | $1,000 Instant Tax Deduction for eligible workers (without itemising work-related expenses). |
| From 1 July 2026 | Permanent $20,000 instant asset write-off for small business (turnover up to $10 million). |
| From 1 July 2026 | Loss carry-back for companies with aggregated annual global turnover of less than $1 billion. |
| From 1 July 2026 | Phase 2 Counter Fraud Strategy funding to modernise prevention and detection of fraud in the tax and super systems. |
| Gifts received after 30 June 2026 to before 1 July 2031 | Additional Deductible Gift Recipients (DGRs) listed (note one organisation applies to gifts received after 30 June 2025). |
| From 2026–27 (4 years of funding) | Superannuation system funding to strengthen governance, supervision and enforcement relating to managed investment schemes. |
| From 2026–27 (2 years of funding) | Second tranche of improvements to Australian business registers. |
| From 1 April 2027 | Modernising Private Health: removal of the age-based uplift of the Private Health Insurance Rebate. |
| From 1 July 2027 (2027–28 income year) | Capital gains tax: replace 50% CGT discount with cost base indexation for assets held more than 12 months, with a 30% minimum tax on net capital gains. |
| From 1 July 2027 | Negative gearing reform: limit negative gearing for residential property to new builds. |
| From 2027–28 income year | Working Australians Tax Offset of $250. |
| From 1 July 2027 | Monthly PAYG instalments: small and medium businesses can opt in to reporting and paying PAYG instalments monthly. |
| From 1 July 2027 (for 3 years) | Roll-over relief to restructure from discretionary trusts into another entity type (e.g., company or fixed trust). |
| From 1 July 2027 | Expanded venture capital tax incentives. |
| From 1 July 2028 | 30% minimum tax on discretionary trusts. |
| From 1 July 2028 | Loss refundability for start-up companies (turnover under $10 million) generating a tax loss in their first two years. |
| From 1 July 2028 | Reform to the Research and Development Tax Incentive (R&DTI). |
| To 30 June 2029 | Extend the ban on foreign purchasers of established dwellings. |
| From 1 April 2029 | Electric car FBT discount: permanent 25% discount on FBT for all electric cars up to the fuel-efficient luxury car tax threshold. |
| To be advised (post-Royal Assent) | Strengthening the Foreign Resident CGT regime: transitional arrangements for certain renewable energy infrastructure assets (from the first day of the next quarter after Royal Assent until 30 June 2030). |
General advice only: This update is general information and does not take into account your objectives, financial situation or needs. Budget measures may change as legislation is developed and passed. Please seek personal advice before acting.