Federal budget focuses on cost of living relief, including tax cuts in Australia

ALCBudget2025 FEDERAL BUDGET 2025

Cost of living relief the focus of Federal Budget. Source: AAP / LUKAS COCH/AAPIMAGE

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Published 26 March 2025 12:50pm
By SBS News, Rania Yallop
Presented by Martin Tuano, Maridel Martinez
Source: SBS


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Tax cuts and energy bill relief are the biggest promises of Labor if the government gets a second mandate.


Key Points
  • This is Jim Chalmers’ final first term budget.
  • Labor plans to reduce the tax rate on the lowest income levels.
  • They hope this budget is enough to attract voters in the upcoming election.
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BUDGET 2025 image

Federal budget focuses on cost of living relief, including tax cuts in Australia

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26/03/202506:22
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