Latest announcements
OECD Crypto Asset Reporting Framework and domestic reporting
MYEFO 2025-26
The government handed down the 2025–26 MYEFO on 17 December 2025, with several changes to tax and superannuation laws (see budget.gov.auExternal Link).
Measure name | Proposed start date | Developments |
|---|---|---|
International Tax – tax treaties with Ukraine and the Republic of Croatia | TBA | TBA |
OECD Crypto Asset Reporting Framework (CARF) and domestic reporting | 1 January 2027 | TBA |
Superannuation reforms – Boosting the Low Income Superannuation Tax Offset (LISTO) | 1 July 2027 | Treasury Laws Amendment (Building a Stronger and Fairer Super System) Bill 2026External Link Superannuation (Building a Stronger and Fairer Super System) Imposition Bill 2026External Link Introduced 11 February 2026 |
Superannuation reforms – practical changes to Better Targeted Superannuation Concessions (BTSC) | 1 July 2026 | Treasury Laws Amendment (Building a Stronger and Fairer Super System) Bill 2026External Link Superannuation (Building a Stronger and Fairer Super System) Imposition Bill 2026External Link Introduced 11 February 2026 |
Supporting International Sporting Events | 1 July 2025 | TBA |
Supporting Philanthropy | Various | TBA |
Treasury Portfolio - additional funding: Director identification number linking and decommissioning of Business Registration Service | Various | TBA |
Treasury Portfolio - additional funding: Winding down Australia’s cheques system | NA | TBA |
Budget 2025-26
The government handed down the 2025-26 Budget on 25 March 2025, with several changes to tax and superannuation laws (see budget.gov.auExternal Link).
Measure name | Proposed start date | Developments |
|---|---|---|
Personal Income Tax – new tax cuts for every Australian taxpayer | 1 July 2026 | Treasury Laws Amendment (More Cost of Living Relief) Act 2025External Link Royal Assent 28 March 2025 |
Personal Income Tax – increasing the Medicare levy low-income thresholds | 1 July 2025 | Treasury Laws Amendment (More Cost of Living Relief) Act 2025External Link Royal Assent 28 March 2025 |
Restricting Foreign Ownership of Housing | 1 April 2025 | N/A |
Strengthening Tax Integrity: Extension and expansion to the Personal Income Tax Compliance Program | 1 July 2025 | N/A |
Strengthening Tax Integrity: Extension and expansion to the Shadow Economy Compliance Program | 1 July 2025 | N/A |
Strengthening Tax Integrity: Extension and expansion to the Tax Avoidance Taskforce | 1 July 2025 | N/A |
Strengthening Tax Integrity: Extension to the Tax Integrity Program | 1 July 2026 | N/A |