A budget under pressure
Federal Budget 2026-27Delivered against an uncertain economic backdrop, the 2026-27 Federal Budget reflects a government navigating competing pressures.
Federal Budget 2026-27: expert insights on spending, tax reform and policy impacts. Visit hub.
However, the ATO has publicly encouraged taxpayers to be proactive in negotiating payment plans if they are struggling to repay their tax debts for example if they are able to demonstrate ongoing impacts of COVID-19 or other legitimate hardship, such as a natural disaster.
If a small business is denied relief and believes it is being treated improperly by the ATO under the taxation laws, or inconsistently with the ATO Charter, they may consider pursuing relief from external bodies such as the Inspector General of Taxation, Commonwealth Ombudsman, the Administrative Appeals Tribunal or the Courts.
Delivered against an uncertain economic backdrop, the 2026-27 Federal Budget reflects a government navigating competing pressures.
Western Australian Treasurer Rita Saffioti MLA handed down the State Budget on Thursday 7 May 2026, alongside Premier Roger Cook MLA. The economic outlook continues to be influenced by global uncertainty and ongoing inflationary pressures.
The Northern Territory’s 2026–27 Budget delivers record investment in health, infrastructure and housing, alongside increased funding for law and order.