From williambuck.com: The 2025-26 Federal Budget introduced by Jim Chalmers aims to address cost-of-living challenges for Australians while maintaining a return to deficit, featuring unannounced tax cuts and extended energy bill rebates.

Key investments include a $7.9 billion boost for health and aged care, alongside enhanced funding for the ATO to combat tax avoidance and under-reporting.

The budget also proposes energy efficiency grants for SMEs and bans on non-compete clauses for low and middle-income employees to foster competitive wages.