The proposal would provide $1.2 billion over 4 years for grants to support local community infrastructure projects. A list of proposed projects is at Attachment B.

The funding profile would be $308.8 million in 2025-26, $329.9 million in 2026-27, $294 million in 2027-28 and $241.7 million in 2028-29.

The proposal would start on 1 July 2025.

The proposal would provide $10.3 million over 3 years for regional tourism grants.

The funding profile would be $6.0 million in 2025-26, $2.3 million in 2026-27 and $2.0 million in 2027-28.

The proposal would start on 1 July 2025.

The proposal would provide $10.3 million over 3 years for regional tourism grants.

The funding profile would be $6.0 million in 2025-26, $2.3 million in 2026-27 and $2.0 million in 2027-28.

The proposal would start on 1 July 2025.

The proposal would provide $10.3 million over 3 years for regional tourism grants.

The funding profile would be $6.0 million in 2025-26, $2.3 million in 2026-27 and $2.0 million in 2027-28.

The proposal would start on 1 July 2025.

The proposal would unwind the National Reconstruction Fund and abolish the National Reconstruction Fund Corporation (NRFC).

The proposal would start on 1 July 2025.

The proposal would unwind the National Reconstruction Fund and abolish the National Reconstruction Fund Corporation (NRFC).

The proposal would start on 1 July 2025.

The proposal would increase Defence portfolio funding to 2.5% of Gross Domestic Product (GDP) over 5 years, and 3% of GDP within a decade.

The additional funding would include resourcing for the following projects:

• a fourth F-35A Lightning Squadron
• an AUKUS National Chair
• a Defence Capability and Acquisition Commission
• a National Security Strategy.

The proposal would start on 1 July 2025.

The proposal would increase Defence portfolio funding to 2.5% of Gross Domestic Product (GDP) over 5 years, and 3% of GDP within a decade.

The additional funding would include resourcing for the following projects:

• a fourth F-35A Lightning Squadron
• an AUKUS National Chair
• a Defence Capability and Acquisition Commission
• a National Security Strategy.

The proposal would start on 1 July 2025.

The proposal would increase Defence portfolio funding to 2.5% of Gross Domestic Product (GDP) over 5 years, and 3% of GDP within a decade.

The additional funding would include resourcing for the following projects:

• a fourth F-35A Lightning Squadron
• an AUKUS National Chair
• a Defence Capability and Acquisition Commission
• a National Security Strategy.

The proposal would start on 1 July 2025.

The proposal would provide small businesses with a tax deduction for meal and entertainment expenses that have a connection with business activity and income, including dining and entertainment provided to clients, vendors and employees.

The proposal also provides a Fringe Benefits Tax (FBT) exemption for any meal and entertainment expenses incurred in relation to employees that is claimed as a deduction and would run for 2 years, 2025-26 and 2026-27.