Six pillars
Themes
The 2026-27 Budget is structured around six interconnected priorities. Each theme links to the full deep-dive — every dollar amount, every effective date, every cross-reference back to the source documents at budget.gov.au.
Fuel Supply and Security
$14.8B Strengthening Australia's Fuel Resilience package responding to the Middle East oil shock
Cost of Living
Tax cuts, halved fuel excise, cheaper medicines, and back-to-back rent assistance uplifts
Productivity
$10.2B/yr regulatory burden cut, R&D reform, AI accelerator and small-business support
Tax Reform
Bracket cuts, $250 WATO, $1,000 instant deduction, CGT indexation, neg-gearing limited to new builds, 30% trust min tax
Care and Opportunity
$3.7B aged care, $25B hospitals, $1.2B Closing the Gap, NDIS reform redirected into Foundational Supports
Security and Investment
$130B AUKUS subs, $77B surface fleet, $1B Boyne Island smelter, $120B+ infrastructure pipeline