Budget 25-26 delivered
- News
- 1 minute read

Budget 25-26 has great economic news for all Australians.
After five tough years, our economy is landing softly with:
– Jobs and wages growing consistently
– Inflation and interest rates coming down
– GDP growth rebounding solidly
Under Jim Chalmers’ responsible economic management, we’re building Australia’s future with:
– A top-up tax cut and further energy bill relief
– More Medicare bulk-billing and $25 PBS scripts
– Historic schools funding, free TAFE and HECS relief
As the Treasurer said “This budget is our plan for a new generation of prosperity in a new world of uncertainty. It’s a plan to help finish the fight against inflation, rebuild living standards and maximise our national advantages into the future.”
Because Labor is focused on what’s ahead – seizing opportunities, strengthening our economy, and building a future we can all be proud of.