AU
Government & Policy
Latest Australian government & policy news and updates
Government & Policy
Australia Deploying $14.8 Billion Fuel Package as Retail Excise Cut Set to Expire
The Australian Government is rolling out its $14.8 billion Strengthening Australia's Fuel Resilience Package to bolster long-term fuel security. However, consumers face immediate retail price rises as the temporary $2.5 billion fuel excise cut expires on June 30, 2026.
Government & Policy
Australian Federal Budget 2026-27 Delivers Multi-Stage Tax Relief and Deductions for Workers
The Australian Federal Budget 2026-27 introduces a significant package of tax relief measures, including phased income tax rate reductions and a new $1,000 instant tax deduction. Starting July 1, 2026, these measures aim to provide substantial cost-of-living relief and simplify tax compliance.
Government & Policy
Australia Opts Against Gas Export Controls for Q3 2026 Following Supply Assurances
Minister for Resources Madeleine King has announced that Australia will not implement gas export controls for Q3 2026, citing near-full storage levels and industry assurances.
Government & Policy
Australian Federal Budget 2026-27 introduces major reforms to negative gearing and capital gains tax
The 2026-27 Federal Budget introduces major changes to negative gearing and capital gains tax, aiming to help 75,000 more Australians own homes while generating $3.6 billion in revenue.
Government & Policy
Albanese Government Unveils A$10.7 Billion National Security and Tax Relief Package
The Albanese government will announce a A$10.7 billion fuel and fertiliser security package in the May 12 Budget, featuring a 1 billion litre fuel reserve and a A$5 billion tax relief scheme for businesses.