Key takeaways of the Mid-Year Economic and Fiscal Outlook 2021-22
The federal government has shared the Mid-Year Economic and Fiscal Outlook, and we’ve rounded up the major highlights of the report.
May 27, 2026
The 2026 Federal Budget, delivered on 12 May 2026, marks the most significant shift in Australian tax policy in over 25 years. These sweeping changes will directly impact wealth management, property investments, small business structures, and retirement strategies across the country.
To help you cut through the complexity and find clarity, LDB Partners Luke Henry and Florence Ioannou have recorded a comprehensive video Q&A series: 2026 Federal Budget: The tax insights.
In this article, we break down the major tax changes announced by the Government and outline what they mean for your personal and business finances.
(Note: All measures announced in the Budget are yet to pass through both Houses of Parliament and are therefore not yet legislated. The final content and application of these measures may change before becoming law. However, the critical planning window is now open, with the first key deadlines approaching.)
We’ve also broken the session into focused segments so you can go directly to the topics most relevant to you.
Disclaimer: This communication contains general information only and does not constitute personal financial, taxation, or legal advice. We recommend you seek professional advice tailored to your specific circumstances before making any decisions.
The federal government has shared the Mid-Year Economic and Fiscal Outlook, and we’ve rounded up the major highlights of the report.
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