budget-01Budget home

Source: https://budget.gov.au/index.htm # Resilience and reform Building an economy that works for all Australians The Treasurer delivered the Federal Budget on Tuesday 12 May 2026 ## [Budget documents](/content/documents.htm) Papers detailing planned revenue and spending for the coming financial year ## [Overview](/content/overview/index.htm) Overview documents highlighting the key measures for this Budget ## [Calculator](/content/calculator.htm) Estimate your tax cut by entering your annual taxable income in to the calculator ## Budget themes  ### [Fuel supply and security](content/01-fuel-supply-and-security.htm) Responding to the global oil shock  ### [Cost of living](content/02-cost-of-living.htm) Taking pressure off Australians  ### [Productivity](content/03-productivity.htm) Making our economy more productive  ### [Tax reform](content/04-tax-reform.htm) Tax reform for workers, businesses and future generations  ### [Care and opportunity](content/05-care-and-opportunity.htm) Strengthening care and broadening opportunity  ### [Security and investment](content/06-security-and-investment.htm) Building a resilient and secure Australia ## Budget priorities Use this tool to show the most relevant measures for the topic selected Individuals Households Business Industry Regional International ### [New tax cuts](content/02-cost-of-living.htm#m1) More tax cuts to all Australian taxpayers, with additional tax cuts in 2026 and 2027 Individuals Households Business Industry Regional International ### [Boosting fuel and fertiliser security](/content/01-fuel-supply-and-security.htm#m1) Securing fuel now and building reserves for the future Individuals Households Business Industry Regional International ### [Relieving pressure on fuel users](/content/01-fuel-supply-and-security.htm#m1) Interest-free loans to help manufacturing and logistics businesses Individuals Households Business Industry Regional International ### [Tax cut for Australian workers](/content/04-tax-reform.htm#m1) $250 Working Australians Tax Offset to help with cost of living Individuals Households Business Industry Regional International ### [Cheaper medicines](/content/02-cost-of-living.htm#m4) Cutting the cost of life-saving medicines Individuals Households Business Industry Regional International ### [Building housing infrastructure](/content/02-cost-of-living.htm#m3) Local housing infrastructure to support up to 65,000 new homes Individuals Households Business Industry Regional International ### [Reducing red tape](/content/03-productivity.htm#m2) Cutting regulatory burden by $10.2 billion per year Individuals Households Business Industry Regional International ### [Lowering taxes for businesses](/content/04-tax-reform.htm#m2) New measures lowering taxes for businesses and start-ups Individuals Households Business Industry Regional International ### [Helping more home owners](/content/02-cost-of-living.htm#m3) Reforms to support an additional 75,000 homeowners Individuals Households Business Industry Regional International ### [Record funding for hospitals](/content/05-care-and-opportunity.htm#m3) $25 billion additional investment for public hospitals Individuals Households Business Industry Regional International ### [Better aged care](/content/05-care-and-opportunity.htm#m2) More beds, more support packages and better care for older Australians Individuals Households Business Industry Regional International ### [Funding boost for defence](/content/06-security-and-investment.htm#m2) A record additional $53 billion investment in defence Individuals Households Business Industry Regional International ### [Significant road and rail projects](/content/06-security-and-investment.htm#m3) $8.6 billion for nationally significant road and rail projects Individuals Households Business Industry Regional International ### [Reserving gas exports](/content/01-fuel-supply-and-security.htm#m3) Reserving 20 per cent of gas exports for Australians Individuals Households Business Industry Regional International ### [Accelerating approvals](/content/03-productivity.htm#m1) Faster environmental and foreign investment approvals Individuals Households Business Industry Regional International