Delivered against an uncertain economic backdrop, the 2026-27 Federal Budget reflects a government navigating competing pressures.
Australia’s R&D policy is back in focus ahead of the Federal Budget, with the SERD review highlighting declining investment and the need for reform. While no immediate changes to the R&D Tax Incentive have been announced, businesses should watch for potential policy shifts and ensure strong governance, compliance, and documentation under the current framework.
Proposed FBT changes from 1 April 2027 will reduce EV concessions and restrict salary packaging of work‑related expenses. Understand the key impacts.
With the Federal Budget approaching, aligning trade policy with manufacturing ambitions is key to boosting investment confidence and rebuilding sovereign capability in Australia.
Explores proposed CGT discount and negative gearing reforms and what they could mean for investors.
From 1 April to 30 June 2026, Australia’s fuel excise is halved and the Road User Charge removed, impacting fuel tax credit (FTC) rates for businesses. Learn how these changes affect claims and compliance.
Treasury has released draft regulations supporting the Treasury Laws Amendment (Building a Stronger and Fairer Super System) Act 2026, which introduced the new Division 296 tax on superannuation balances exceeding $3m and $10m. The regulations provide the long awaited operational detail on how the new tax will work in practice, particularly for defined benefit interests, large Australian Prudential Regulation Authority funds and Self-managed Superannuation Funds.
Geopolitical shocks are reshaping supply chains – what this means for tax, trade, GST and Incoterms control.
The Treasury Laws Amendment (Building a Stronger and Fairer Super System) Bill 2026 and Superannuation (Building a Stronger and Fairer Super System) Imposition Bill 2026 were passed by the House of Representative on 5 March 2026, and subsequently passed through the Senate late on 10 March 2026, with no further changes and will take effect from 1 July 2026.
Treasury has released the most recent rework of the proposed Division 296 tax. Although it has provided some much-needed relief from the original draft, the rework now includes addition hurdles requiring careful planning and consideration.
The Australian Federal Budget for 2026-27 will be handed down in May 2026, the first budget since Labor's re-election in 2025.
In its Budget Reply, the Opposition commits to key spending on healthcare and energy but plans to cut 41,000 public servants and repeal $17.1B in tax cuts, citing fiscal concerns.