The proposal would establish the Super Home Buyer Scheme. The scheme would allow eligible individuals to access $50,000 of their superannuation (up to a cap of 40%) to buy their first home.

Eligible individuals are first home buyers who would be required to:

The proposal would establish the Super Home Buyer Scheme. The scheme would allow eligible individuals to access $50,000 of their superannuation (up to a cap of 40%) to buy their first home.

Eligible individuals are first home buyers who would be required to:

The proposal would provide a Cost of Living Tax Offset of up to $1,200 for eligible Australians in the 2025-26 financial year.

The Cost of Living Tax Offset would be available to Australian residents for tax purposes who are earning an annual taxable income of up to $144,000.The offset would be non-refundable.

The arrangements for the offset amounts will be as follows:

The proposal would provide a Cost of Living Tax Offset of up to $1,200 for eligible Australians in the 2025-26 financial year.

The Cost of Living Tax Offset would be available to Australian residents for tax purposes who are earning an annual taxable income of up to $144,000.The offset would be non-refundable.

The arrangements for the offset amounts will be as follows:

The proposal would provide a Cost of Living Tax Offset of up to $1,200 for eligible Australians in the 2025-26 financial year.

The Cost of Living Tax Offset would be available to Australian residents for tax purposes who are earning an annual taxable income of up to $144,000.The offset would be non-refundable.

The arrangements for the offset amounts will be as follows:

The proposal would repeal the policy, Personal income tax – new tax cuts for every Australian taxpayer, announced on 25 March 2025.

For income between $18,201 and $45,000:

• the 15% tax rate from 1 July 2026 will be increased to 16%
• the 14% tax rate from 1 July 2027 will be increased to 16%.

The proposal would start on 1 July 2026 and be ongoing.

The proposal would repeal the policy, Personal income tax – new tax cuts for every Australian taxpayer, announced on 25 March 2025.

For income between $18,201 and $45,000:

• the 15% tax rate from 1 July 2026 will be increased to 16%
• the 14% tax rate from 1 July 2027 will be increased to 16%.

The proposal would start on 1 July 2026 and be ongoing.

The proposal would:

• phase out the export of thermal coal
• require tradeable permits to export coal
• place a levy on all coal exports.

Component 1 – Thermal coal

The policy will place an export cap on thermal coal exports, using tradable permits issued by the Commonwealth to decrease the maximum allowable annual thermal coal exports from 200 million tonnes in 2025 to 0 tonnes by 1 July 2030.

The proposal would:

• phase out the export of thermal coal
• require tradeable permits to export coal
• place a levy on all coal exports.

Component 1 – Thermal coal

The policy will place an export cap on thermal coal exports, using tradable permits issued by the Commonwealth to decrease the maximum allowable annual thermal coal exports from 200 million tonnes in 2025 to 0 tonnes by 1 July 2030.

The proposal would:

• phase out the export of thermal coal
• require tradeable permits to export coal
• place a levy on all coal exports.

Component 1 – Thermal coal

The policy will place an export cap on thermal coal exports, using tradable permits issued by the Commonwealth to decrease the maximum allowable annual thermal coal exports from 200 million tonnes in 2025 to 0 tonnes by 1 July 2030.