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Winners and losers revealed in the 2026 Federal Budget

Australia's Albanese Labor Government Presents Budget

CANBERRA, AUSTRALIA - MAY 12: Australian Treasurer Jim Chalmers delivers the 2026 budget at Parliament House on May 12, 2026 in Canberra, Australia. Credit: Hilary Wardhaugh/Getty Images

Jim Chalmers has unveiled Australia’s 2026 Federal Budget including tax cuts, housing reforms, healthcare spending, and cost-of-living relief for millions of Australians. Find out who stands to benefit and who could be affected under the new budget measures.


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Presented by Edinel Magtibay, Helen Quinanola

Source: SBS



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Jim Chalmers has unveiled Australia’s 2026 Federal Budget including tax cuts, housing reforms, healthcare spending, and cost-of-living relief for millions of Australians. Find out who stands to benefit and who could be affected under the new budget measures.


Key Points

  • Workers and taxpayers are set to benefit from a $250 Working Australians Tax Offset and a $1,000 instant tax deduction.
  • The government allocated billions of dollars for housing projects, healthcare, aged care, and fuel relief.
  • Property investors and some NDIS participants could be affected by major budget reforms and savings measures.

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