Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - AU
The Guardian - AU
National
Tom McIlroy

This bold budget has grasped the nettle of tax and housing – but it may not be enough to move the needle for younger Australians

Australia federal budget 2026
Australia federal budget 2026: the budget’s bold tax reform is targeting housing inequity. Photograph: James Ross/AAP

By his own assessment, Jim Chalmers’ fifth federal budget is the most important and most ambitious from an Australian government in decades.

Buffeted by the global energy shock, the treasurer describes Tuesday night’s spending package as five budgets in one.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.