New South Wales Budget spends on health and schools, with slower growth ahead
Client AlertThe NSW Budget 2026 focuses on health and education spending, with slower growth forecasts, rising debt and targeted foreign investor duty relief measures.
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The ATO’s assurance reviews operate as part of the ATO Tax Avoidance Taskforce which operate across both the Private Wealth market segment and the Public Groups and Multinational Groups market segments.
While the assurance reviews may have difference areas of focus depending on the market segment, one area which is consistent is the growing focus on strong tax governance.
The Federal Government has provided substantial and sustained funding for the programs since 2016, enabling the ATO to have the resources and support to continue the development of these programs. Over the years, the Assurance Programs have influenced the way organisations design and document their tax matters to meet the ATO’s expectations for good governance and compliance.
Understanding how the ATO approaches assurance programs, and what constitutes effective tax governance, is more important than ever. Grant Thornton is proud to host a timely and practical webinar with special guests Glenn Cooper (AC Private Wealth) and Megan Croaker (AC PGI) from the ATO. This session will unpack the ATOs expectations on tax governance and how it differs between market segments.
Attendees will gain clarity on:
This webinar is ideal for family offices, wealth family groups, business owners, CFOs, tax managers, and governance professionals looking to stay ahead of the curve and align with ATO best practices.
Register today and get equipped with the insight your organisation needs to demonstrate sound governance and assurance readiness.
Partner & Head of Tax - Melbourne
Partner – Tax
Director – Corporate Tax
Assistant Commissioner in Public Groups
Assistant Commissioner, Private Wealth
The NSW Budget 2026 focuses on health and education spending, with slower growth forecasts, rising debt and targeted foreign investor duty relief measures.
On Tuesday 23 June 2026, Treasurer David Janetzki handed down his second state budget alongside Premier David Crisafulli. Deficits are forecast throughout the forward estimates, with a surplus of $619m projected for 2029-30.
The Government has announced revisions to several tax measures in the Budget, affecting capital gains tax treatment for small businesses, a special carve-out for start-ups, and a conditional exclusion for discretionary testamentary trusts from the 30 per cent tax on trusts.