Our Government has just delivered the Budget. Here’s what you need to know by Matt Thistlethwaite

Our Government has just delivered the Budget. Here’s what you need to know:

• More tax cuts for every taxpayer. Every taxpayer will receive a new tax cut of up to $268 in 2026-27 and up to $536 in 2027-28. Combined with Labor’s first round of tax cuts, the average benefit for NSW taxpayers will be $2589 in 2027-28 Click here to estimate you tax cut
• More energy bill relief for every household and for small businesses with an additional $150 in energy bill relief.
• More bulk billing so every Australian can see a GP for free.
• Cheaper medicines reducing the maximum co-payment to $25 per script.
• More student debt relief reducing debts by 20% for 3 million Australians.
• Historic funding for schools to fully and fairly fund our public schools.
• More help to get Australians into a home of their own by expanding the Government’s Help to Buy program and constructing thousands of affordable homes.

This is only part of what we are doing in this Budget to help with the cost of living while continuing to bring down inflation. You can read more about the Budget at budget.gov.au

I’m proud of the Budget we have delivered, and of all the work we have done to create opportunity, invest in our people and build Australia’s future. I am committed to keep working hard so you, your family and our future generations are better off.

If you have any questions about the Budget or any other matter please send me an email at matt.thistlethwaite.mp@aph.gov.au

Kind regards,