The winners and losers of the 2025 federal budget

Anthony Albanese and Jim Chalmers on a split red and green background with a bug white thumbs up and a thumbs down

The 2025 federal budget has been handed down. Source: SBS News Source: SBS

The federal government has laid out $785.7 billion of spending in Tuesday's budget for the 2025-26 financial year, covering everything from tax cuts to cheaper healthcare.


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