Tuesday, 25th March 2025

It was widely predicted that the Albanese Labor Government would call an early election and avoid having to deliver the March 2025 Federal Budget. The unfortunately timed arrival, and slow movement, of ex-Tropical Cyclone Alfred scuttled these plans. The Budget delivered appears short on vision beyond the election cycle and seems to reinforce that this is the Budget nobody wanted to give. It seems to be more about keeping a low profile as we roll into the Federal Election, rather than leading any meaningful change. Strewth Alf! You flamin’ galah! Look what you made us do!

Pilot’s summary of the key tax and business announcements follows.

Quicklinks

• Personal Tax cuts
• Cost of living relief
• The business of Australia is… not business?
• Strengthening compliance activity again
• No more non-competes?
• Sad story for Foreign residents
• Status quo for superannuation

Read Pilot’s summary of the key tax and business announcements.

Monday, 17th March 2025

With the looming Federal Election, this year’s Budget is out of sync with the usual timing, and is being touted as one that Labor was not eager to deliver. But with the election clock ticking, and an inconveniently timed cyclone, the Government had little choice but to press ahead with handing down the Budget on 25 March.

• The Pre-Election Playbook
• What we’d like to see
• What’s next?

Read the Taxation Advisory team’s budget predictions.