Federal Budget 2025
KPMG’s unrivalled analysis of the Australian Federal Budget announcement, with key measures outlined and your next steps interpreted.
kpmg.comI don’t have live access to the latest news right this moment. Here’s a concise update based on the most recent widely reported information up to late 2025/early 2026, with guidance on where to check for the freshest details.
Core take
- The 2025 Australian federal budget was delivered on 25 March 2025 by Treasurer Jim Chalmers and focused on cost-of-living relief, housing supply, education, and continued investment in essential services. It outlined measures including energy bill relief for households and small businesses, targeted tax measures, and housing-related support programs. For the most current status, especially any late-2025/2026 updates or election-related changes, see the official Budget site and major Australian financial press. [Recent summaries and coverage commonly describe these themes as central to the 2025 budget. If you need a precise note, I can pull the latest official texts and reputable analyses.]
Where to find the latest
- Australian Government Budget website (budget.gov.au) for official measures, receipts, and forward estimates.
- Major accounting and advisory firms’ summaries (e.g., KPMG Australia, Grant Thornton Australia) for interpretable highlights and implications for individuals and businesses.
- Reputable Australian media outlets (Guardian Australia, ABC, The Sydney Morning Herald, The Age, Reuters) for real-time updates, reaction, and analysis around policy details and political context.
- Grattan Institute or Grattan commentary for independent policy analysis and long-term impact assessments.
If you’d like, I can fetch and summarize the latest official budget documentation and major analyses, and provide a concise side-by-side of key measures (tax changes, energy relief, housing programs) with potential impacts for households and businesses. Would you like me to pull that now?