From www.accountantsdaily.com.au: The 2025 Federal Election highlights key tax and superannuation policies proposed by the ALP and the Coalition.

ALP initiatives include a 20% reduction on student loans and a $1,000 instant tax deduction for work-related expenses, while the Coalition promises a one-off income tax offset of up to $1,200 and allows first home buyers to access superannuation for home deposits.

The implementation of these measures remains contingent on the election outcome and subsequent legislative approval.