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The Conversation
The Conversation
Aruna Sathanapally, Chief Executive, Grattan Institute

The clock is ticking on a golden opportunity for real change in Australia

The May 2026 federal budget will mark one year since the Albanese government’s unexpected landslide win at the last election.

That budget is arguably the most important one for this term: setting the agenda for the government’s final two years and offering a chance to take some measured steps towards lasting reform. That includes rebalancing our income tax system.

Many of those decisions are being taken now. And Australia needs to make some big changes to the status quo to ensure a fair and prosperous future.

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