Australian Federal Budget 2025-26

Article

On 25 March 2025, Treasurer Jim Chalmers handed down the 2025-26 Federal Budget. 

Our Technical Services and Westpac Economics teams have analysed all the key announcements. On this page, you will find the full analysis of the major proposals outlining insights and implications relevant for financial advisers, advice professionals and clients.

Tools and resources

Here are the documents available to download:

We’ve also prepared resources you can share with your clients to help them stay in the know. For more information, visit the Federal Budget hub for clients.

BT Academy Webinar: Federal Budget Debrief

If you missed our Federal Budget debriefing webinar hosted on Wednesday 26 March, you can now watch the replay via the link below. In the session, Bryan Ashenden, BT Head of Financial Literacy and Advocacy, delved into the key announcements and explained the implications for financial advisers, advice professionals and clients.

BT Academy provides access to the latest ideas, trends and reports to help you realise new opportunities and assist with supporting your practice.
Make client engagement easier by using our guides and resources specifically designed for financial advisers to use with their clients, helping them to understand some key financial planning topics including superannuation, investment risk in different asset classes and retirement planning.
The digital opportunities that matter for financial advisers. In this dedicated hub you’ll discover the hidden opportunities advice firms can leverage by fully embracing a digital approach. Get practical tips and insights on how to get the most from BT Panorama for your business. It's all about making things easier and more efficient for you. Our Experience. Your Advantage.

Information current as at 26 March 2025.

This document has been prepared by BT, a part of Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian Credit Licence 233714 (Westpac). This communication has been prepared for use by advisers only.  It must not be made available to any client and any information in it must not be communicated to any client. The information in this document regarding taxation and legislative change is based on policy announcements which are yet to be passed as legislation and may be subject to future change. This information does not take into account your personal objectives, financial situation or needs and so you should consider its appropriateness, having regard to these factors before acting on it. This document provides an overview or summary only and it should not be considered a comprehensive statement on any matter or relied upon as such. You should obtain and consider the relevant Product Disclosure Statement or other disclosure document, before making any decision about a product including whether to acquire or to continue to hold it. 

This document may contain material provided by third parties derived from sources believed to be accurate at its issue date. While such material is published with necessary permission, the Westpac Group accepts no responsibility for the accuracy or completeness of, nor does it endorse any such third party material. To the maximum extent permitted by law, we intend by this notice to exclude liability for this third party material. . This document provides an overview or summary only and it should not be considered a comprehensive statement on any matter or relied upon as such.