CANBERRA, ACT, Dec. 17 -- The Treasurer of Australia issued the following media release:
Today I have released the 2025-26 Tax Expenditures and Insights Statement.
This annual statement details how features of our tax system affect individuals, businesses and other entities, as well as the pressures they place on the budget.
The Tax Expenditures and Insights Statement contributes to public transparency of the tax system and is a requirement under the Charter of Budget Honesty. It is not a statement of policy intent.
It reflects policy decisions up to and including the 2025-26 Mid‑Year Economic and Fiscal Outlook.
The Albanese Government has an ambitious tax reform agenda including our tax cuts for every Australian taxpayer, ensur...