Federal budget 2026 summary – winners and losers

Taxpayers and first home buyers are the winners in Labor’s 2026 budget, while rich families could be among the losers. Find out who is better off and who is worse off in Chalmers’ budget Federal budget 2026 LIVE updates: Australia government budget announcement and speech – latest news Explore all of our 2026 Australia federal budget coverage Get our breaking news email , free app or daily news podcast Being a winner or a loser from the federal budget can be the difference between hundreds of do