Australian Federal Budget 2026

The 2026 Australian Federal Budget, expected to be handed down in May 2026, marks the first full fiscal plan following Labor’s decisive victory in the May 2025 federal election, where the Albanese government secured a strong majority with 94 seats in the House of Representatives.

BDO has been advocating for meaningful tax reform for many years. With a strong election result, will the Labor Government now pursue an agenda of change for Australia's tax system?

What's usually included in BDO's Federal Budget report?

Our team of tax specialists provide their expert analysis of the Federal Budget each year. Our report addresses a range of topics, including:

  • What is the current Australian economic landscape
  • What government incentives are available to businesses
  • What tax cuts or changes are available to Australians
  • What cost-of-living support the government plans to offer
  • How will the budget impact on industries

Read our 2025 Federal Budget analysis or watch our webinar

Subscribe to BDO's insights and select 'Federal and State Budgets' to receive your copy of the 2026 Federal Budget report straight after it is delivered in Parliament.