Treasurer aims to “rebuild living standards”
Much of the 2025 Federal Budget was already known, after a volley of pre-election spruiking for votes. But Treasurer Jim Chalmers had one surprise up his sleeve – $17 billion in tax cuts. The first round of cuts will kick in on 1 July 2026 and a second round on 1 July 2027, saving the average earner $536 each year when fully implemented.

Federal Budget Summary March 2025

If you would like to discuss anything raised in relation to the March 2025 Budget Summary, please don’t hesitate to contact our office to speak with one of our advisers.