US EditionTax cuts, energy rebates, cash incentives, slashed HECS debts: How the 2025 federal budget will fill Aussie wallets
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Tax cuts, energy rebates, cash incentives, slashed HECS debts: How the 2025 federal budget will fill Aussie wallets
Modest tax cuts have been announced in the 2025 federal budget which claims to keep the cost of living as one of its key priorities. Other measures offering hip pocket help were also revealed, including cash incentives for workers in various industries, energy rebates, more bulk-billing, cheaper medicines and slashed HECS debts. The new personal income tax cuts will come into effect from July next year. Know the news with the 7NEWS app: Download…
2025 Federal Budget: Key Business Impacts Across Industries
Chalmers described the budget as “a platform for prosperity in a new world of uncertainty,” aiming to balance immediate support with long term economic health. So, what was in it for businesses and industries? We break down the standout measures and budget allocations relevant across various sectors, including manufacturing, construction, education, and healthcare. General budget breakdown for businesses First, let’s look at the broader announc…
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