The proposal would allow taxpayers to choose to claim a $1,000 instant tax deduction instead of claiming individual work-related expenses.

To be eligible for the instant tax deduction, taxpayers must earn labour income.

Taxpayers claiming more than $1,000 in work-related deductions will still be able to do so in the usual way. Charitable donations and other non-work-related deductions would continue to be claimed on top of the instant tax deduction.

The proposal would start on 1 July 2026.

The proposal would increase the rate of the Major Bank Levy (MBL) to 0.08% per quarter.

Ensure major banks repay cheap COVID-era funding by requiring repayment of the Term Funding Facility (TFF) and bond repayments from their ‘excess reserves’ accounts issued during quantitative easing through a levy.

The proposal would start on 1 July 2025.

The proposal would increase the rate of the Major Bank Levy (MBL) to 0.08% per quarter.

Ensure major banks repay cheap COVID-era funding by requiring repayment of the Term Funding Facility (TFF) and bond repayments from their ‘excess reserves’ accounts issued during quantitative easing through a levy.

The proposal would start on 1 July 2025.

The proposal increases the mandatory turnover threshold for GST registration from $75,000 to $250,000 for businesses and non-profit organisations.

The policy would start 1 July 2025, and be ongoing.

The proposal increases the mandatory turnover threshold for GST registration from $75,000 to $250,000 for businesses and non-profit organisations.

The policy would start 1 July 2025, and be ongoing.

The proposal increases the mandatory turnover threshold for GST registration from $75,000 to $250,000 for businesses and non-profit organisations.

The policy would start 1 July 2025, and be ongoing.

The proposal increases the mandatory turnover threshold for GST registration from $75,000 to $250,000 for businesses and non-profit organisations.

The policy would start 1 July 2025, and be ongoing.

The proposal increases the mandatory turnover threshold for GST registration from $75,000 to $250,000 for businesses and non-profit organisations.

The policy would start 1 July 2025, and be ongoing.

The proposal increases the mandatory turnover threshold for GST registration from $75,000 to $250,000 for businesses and non-profit organisations.

The policy would start 1 July 2025, and be ongoing.

The proposal would remove the Fringe Benefits Tax (FBT) on entertainment expenses (including meals) provided to staff.

Policy start date of 1 July 2025.