Budget 2025-2026: Government and regulators
March 26, 2025
Almost $1bn to the ATO for tax compliance
From 1 July 2025
The Government has set aside $999m over 4 years for the ATO to expand its compliance programs:
• Tax Avoidance Taskforce
• Shadow Economy Compliance Program
• Personal Income Tax Compliance Program
• Tax Integrity Program (medium and large businesses and wealthy groups)
The compliance programs are expected to deliver a threefold return of $3.2bn.
$700m external contractor cost cutting
The Government intends to further pair back its use of consultants, contractors and labour hire. The budget estimates that the Government will save $718m in 2028-29 by continuing cuts to external labour.
Please contact us if you have any questions - email us or phone our team on 02 9899 3044.
On 12 August 2025, the Reserve Bank of Australia (RBA) delivered a 25 basis point rate cut, lowering the cash rate from 3.85% to 3.60%, the third reduction this year
The superannuation guarantee (SG) increased to 12%, the final stage of a series of increases. Employers need to make contributions by 28 days after the end of each quarter.
In March the Government announced its intention to ban non-compete clauses for low and middle-income employees. The reforms in this area will take effect from 2027.
