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The Guardian - AU
The Guardian - AU
National
Sarah Basford Canales and Luca Ittimani

Federal budget 2026 winners and losers: rich families, overseas travellers and illegal tobacco – summary

Tobacco Federal Budget Australia

Being a winner or a loser from the federal budget can be the difference between hundreds of dollars – or tightening your belt even further.

Tuesday’s federal budget comes at a strange time. Donald Trump is waging a war on Iran that is impacting fuel supplies globally, including Australia. Inflation is still causing havoc on household budgets. Government programs are costing more than ever.

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