Australia 2025 Federal Budget: Who Were the Winners and Losers

As Australians prepare to head to the polls, the government unveiled its 2025-26 federal budget, which promises further relief for all taxpayers, as well as some incentives for families with kids in early childhood education, student debt holders and beer drinkers. Here’s a breakdown of some of the winners and losers in Treasurer Jim Chalmers’ pre-election fiscal blueprint.

Households